Nio takes another hit as two senior executives leave the electric car startup – Electrek

Nio, the Chinese EV startup that’s recently dealt with vehicle recalls and employee layoffs, has now seen two senior executives leave the company. Nio’s former software head Li Zhang and former U.K. managing director Angelika Sodian have both left the company, a spokesman confirmed to the Financial Times (FT). Furthermore, while the company recently laid… Continue reading Nio takes another hit as two senior executives leave the electric car startup – Electrek

Nio recalls SUVs in China after battery fires

Chinese startup automaker Nio is recalling nearly 5,000 of the ES8 SUVs that it has sold in China following a spate of fires in their battery packs.

Nio says the pack assembly is the problem. A module in the pack can rub against a cable that samples voltage and eventually wear through the insulation—causing a short that leads to a fire. The company will replace the packs in affected cars over the next two months.

Nio has sold 17,000 ES8s in China since April 2018, but the recall only affects vehicles made through last October 19, because the company changed the pack design after that.

The automaker, which has been referred to as the Chinese Tesla, has faced a variety of challenges lately. Sales in the first quarter didn't live up to expectations, and the company put its planned third model, a sedan, on hold while it showed two new concept cars at the Shanghai auto show and ahead of it. The company is just rolling out its second model, a smaller SUV called the ES6.

In March, it abandoned plans to build its own factory in China and said it would continue to rely on fellow Chinese automaker JAC to produce its cars under contract.

The company also had to close one of its research offices outside San Francisco, even as it makes plans to expand outside China. Later in May, it teamed up with fellow Chinese automaker GAC to build cars in China and announced that it would postpone its planned U.S. launch.

Nio is one of the few Chinese automakers traded in the U.S., on the New York Stock Exchange.

Honda issues recall for 1.6M vehicles in US

Roughly 1.6 million vehicles were recalled by Honda on Friday relating to Takata replacement front air bag inflators.Honda is offering free replacements for inflators that don’t have “a moisture absorbing desiccant” in Honda and Acura vehicles in the U.S..The affected parts were either used as replacements during past Takata recall work “or were part of whole airbag modules replaced for other reasons prior to February 2017”.

Electric carmaker NIO recalls 4,803 vehicles

China’s electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company’s first batch for delivery, Beijing Youth Daily reported on Friday.Starting from June 27, the company recalled the 4,803 ES8 electric vehicles with power battery packs manufactured between April 2, 2018, and Oct 19, 2018.The power battery pack used in the vehicle within this recall range is equipped with a module of the specification model NEV-P50, which has the voltage sampling harness in an improper position, where it could cause a fire.

Lyft expands bike rentals to Washington DC

Sponsored Links ASSOCIATED PRESS Lyft has expanded beyond traditional rideshare and into other areas like car rentals and transport to and from events. Now, it is updating its app to provide bike-sharing services in the Washington, DC area through Capital Bikeshare, joining New York and San Francisco in offering both cycles and cars from a… Continue reading Lyft expands bike rentals to Washington DC

The future of BMW’s boss in suspense

Harald Krüger is apparently worried about his future at the helm of Bavarian automaker BMW. His contract, which expires in May 2020, may not be renewed, according to the daily “Handelsblatt”. “An extension is no longer considered within the group as the most likely variant,” writes Friday the German business newspaper, while the supervisory board… Continue reading The future of BMW’s boss in suspense

UPDATE 2-Tesla says single battery module caused car fire in Shanghai, has changed vehicle settings

BEIJING/TOKYO (Reuters) – Electric vehicle (EV) maker Tesla Inc (TSLA.O) said on Friday a single battery module caused a car to catch fire in Shanghai and it had revised its vehicle settings to further protect its batteries following an investigation into the incident. FILE PHOTO – A Tesla logo is seen on a wheel rim… Continue reading UPDATE 2-Tesla says single battery module caused car fire in Shanghai, has changed vehicle settings

Due to fire hazard: Nio recalls electric SUV ES 8

Because of incorrectly mounted batteries must they electric cars of the Chinese manufacturer Nio in the workshop. Affected is more than a quarter of the previously built cars of the type ES8. June 28, 2019, 10:51 am, Werner Pluta Electric car Nio ES8: Nio builds battery replacement stations. (Image: Navigator84 / Wikipedia/CC-BY-SA 4.0) Uncertain battery:… Continue reading Due to fire hazard: Nio recalls electric SUV ES 8

Nio recalls nearly 5,000 ES8 electric SUVs over fire risk

Chinese automotive startup Nio is recalling nearly 5,000 of its ES8 high-performance electric SUVs after a series of battery fires in China and a subsequent investigation revealed a vulnerability that created a safety risk. The recall affects a quarter of the ES8 vehicles it has sold since they went on sale in June 2018. A… Continue reading Nio recalls nearly 5,000 ES8 electric SUVs over fire risk

Analysis: Källenius’ false start: The new Daimler boss needs a liberation

Ola Källenius The new head of Daimler has inherited a poisoned legacy with the diesel scandal. (Photo: Reuters) Munich, WolfsburgDaimler-Boss Ola Källenius always has a smile on his face. He can inspire himself like a schoolboy on technical gimmicks and always radiates a certain nonchalance. But when it comes to business, the 1.95-meter blond boy… Continue reading Analysis: Källenius’ false start: The new Daimler boss needs a liberation