CRASH_news auto

Xiaomi EV, the car-making arm of Xiaomi, tannounced that the SU7 Ultra will be officially launched on February 27, with an event set to begin at 7 pm Beijing time on the same day  Xiaomi SU7 Ultra will be officially launched on February 27, with an event set to begin at 7 pm Beijing time on the same day. At the February 27 launch event, Xiaomi will also launch the Xiaomi 15 Ultra smartphone , according to a Weibo posted by the company today. These are the two most high-end products in Xiaomi's fifteen years of existence, the company's founder, chairman, and CEO Lei Jun said. "Ultra, is the ultimate pursuit and pure aspiration. It is the answer piece to Xiaomi's high-end exploration in the last five years, and the beginning of Xiaomi's march towards the ultra-high-end," Lei said.  The ultra-performance variant garnered 3,680 pre-orders 10 minutes after the pre-sales began on October 29 last year . Xiaomi's sales target for the SU7 Ultra this year is 10,...

Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance and expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000  Deutsche Bank raised its sales forecast for Nio Inc in 2025, after the Chinese electric vehicle (EV) maker's earnings call provided increased visibility. “We now expect NIO brand to sell 223k units in 2025 (up 10% YoY), and ONVO brand to sell 219k units in 2025 (vs. ~20k units in 2024), along with 8k units from Firefly brand,” analyst Wang Bin's team said in a research note today. The team used the same 450,000 full-year 2025 sales assumption as Nio's guidance. Nio yesterday guided for fourth-quarter vehicle deliveries to be in the range of 72,000 to 75,000 units and said it was confident of doubling sales in 2025. That means the company now expects deliveries to be in the range of 221,000 to 224,000 units in 2024 and about 450,000 in 2025 . ...