Nio’s new ET5 EV rivals the Model 3 with a claimed 620-mile range

Nio’s soon-to-arrive ET7 is practically tailor-made to challenge Tesla’s Model S, and now the company appears to have a (partial) answer to the Model 3. Electrek says Nio has introduced the ET5, a more affordable “mid-size” electric sedan. It starts at RMB 328,000 (about $51,450), or well under the roughly $70,000 of the ET7, but… Continue reading Nio’s new ET5 EV rivals the Model 3 with a claimed 620-mile range

How Cruise boss Ammann, GM failed to bridge widening divide

Cruise CEO Amman, parent GM failed to bridge divide over vision News Sports Autos Business Michigan Life + Home Entertainment Opinion Obituaries Apparently ousted Cruise LLC CEO Dan Ammann is credited with shrinking parent General Motors Co.’s global footprint, sharpening the automaker’s financial performance and leaving Detroit to take leadership of the carmaker’s autonomous-vehicle maker. But two sources… Continue reading How Cruise boss Ammann, GM failed to bridge widening divide

These Are Our Favorite Robot Vacuums

No Device I’ve tested has advanced as quickly as the humble robot vacuum in the past few years. You can now find robot vacs at every price point with an incredible array of features, including mapping capabilities, self-emptying bins, and even cameras—all to help you keep grit from sticking to your bare feet when you… Continue reading These Are Our Favorite Robot Vacuums

@Nio: 000329

On December 18, 2021, NIO Day 2021 was held in Suzhou. At this NIO Day, NIO unveiled the ET5, a mid-size smart electric sedan. The ET5 features pure and precise exterior design highlighted with organic and human touches, embodying NIO’s supercar DNA and the concept of “Design for AD”. While drawing on the fluid silhouette… Continue reading @Nio: 000329

@niche: Xos, Inc. Welcomes Anousheh Ansari and Alice K. Jackson as New Independent Directors001516

LOS ANGELES, Dec. 17, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, announced today that Anousheh Ansari and Alice K. Jackson have joined the board of directors (the “Board”). Each joined as an independent director, effective December 17, 2021. Ms. Ansari will… Continue reading @niche: Xos, Inc. Welcomes Anousheh Ansari and Alice K. Jackson as New Independent Directors001516

Mercedes strikes pact with European dealers to move to new sales model – Automotive News Europe

Germany, UK would move to agency model from retail arrangement by 2023 as sales method gains traction in Europe Mercedes-Benz has reached agreement with its European dealers to transition to an agency model, in which customers would buy directly from the automaker rather than the dealer, the brand said Friday. The agreement with the European… Continue reading Mercedes strikes pact with European dealers to move to new sales model – Automotive News Europe

Stay, swap or shed: Investors brace for delisting of US-listed China stocks

As a long-running Sino-U.S. diplomatic spat threatens to force Chinese companies off American stock exchanges, global equity investors are assessing ways to retain or add exposure to the world’s second-biggest economy. Fund managers are planning or accelerating a shift out of Chinese American Depository Receipts (ADRs) into their Hong Kong-listed counterparts, or buying more shares… Continue reading Stay, swap or shed: Investors brace for delisting of US-listed China stocks