
By Tolu Ajiboye
February 3rd, 2023
Tesla’s Chinese rival Xpeng announced the launch of its P7 sedan and G9 SUV in Europe following bleak China sales last year.
NIO is an automotive company that designs and develops electric autonomous vehicles.
NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.
Tesla’s Chinese rival Xpeng announced the launch of its P7 sedan and G9 SUV in Europe following bleak China sales last year.
Despite the persisting coronavirus pandemic that led to shutdowns in China, the Chinese electric car market is still bubbling.
The hackers are running a blackmail on Nio, and are asking for Bitcoin payment in exchange for user information stolen from the EV company.