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Tag: promise

NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise

With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight month hitting the milestone. NIO sold 20,976 vehicles last month, up 30.5% from October 2023. The NIO brand sold 16,657 vehicles, while its new “family-oriented smart vehicle brand,” Onvo, contributed 4,319 in its first full … Continue reading “NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise”

Elon Musk signals reaching limit of Tesla’s HW3 despite self-driving promise

Elon Musk is signaling that Tesla is close to reaching its limit with its HW3 onboard self-driving computer despite having yet to deliver on its self-driving promise. In 2016, Musk announced that all Tesla vehicles built going forward have “all the hardware to enable self-driving”. At one point, he even specified “level 5 self-driving”, which … Continue reading “Elon Musk signals reaching limit of Tesla’s HW3 despite self-driving promise”