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- 1Geely takes 30% stake in Nio's battery swapping unit▼Nio Advances 3% as Geely Takes 30% Stake in Battery Swapping Unit; XPeng and Tesla Pull Back
Geely has acquired a 30% stake in Nio's battery swapping business, sending Nio shares up about 3% in trading while XPeng and Tesla shares declined. The deal signals growing outside backing for Nio's battery swap network, which the company has positioned as a key differentiator in China's crowded electric vehicle market.
- 2XPeng VLA 2.0 tested against Tesla FSD in Amsterdam●XPENG VLA 2.0 vs. Tesla FSD in Amsterdam — Part 1: XPENG L03
A new comparison series pits XPeng's VLA 2.0 driver-assistance system against Tesla's Full Self-Driving on the streets of Amsterdam, beginning with the XPeng L03. The first installment focuses on how XPeng's system handles European city driving, where its advanced driver assistance has only recently become available, in a direct head-to-head with Tesla's software.