Why it matters: GAC and Nio joined forces with the establishment of an RMB 1.28 billion joint venture in April 2018. Both companies have a small presence in the EV market. They expect to change that with the joint venture.
Details: The Hycan 007 beats the Tesla Model X by 100 km with a New European Drive Cycle (NEDC) range of 643 km (400 miles). The batteries are supplied by CATL.
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