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Will NIO's Recall Spark Broader Software Scrutiny in EVs?
ZACKS· 2026-02-11 17:00
Key Takeaways NIO is recalling 246,229 ES8, ES6, and EC6 vehicles due to a critical software issue.The glitch can make instrument and central screens go black, affecting driver info.NIO plans OTA updates to fix most vehicles, ensuring software safety without service visits.NIO Inc. (NIO) , a major Chinese electric vehicle (EV) maker, announced one of the biggest recalls in China’s auto industry. The company is recalling 246,229 electric vehicles because of a software problem that could affect safety. The re ...
Ford falls behind BYD as China upends car industry
Yahoo Finance· 2026-02-11 14:51
1202 Global units sold*, Ford vs BYD Ford has been overtaken in sales for the first time by Chinese carmaker BYD in a sign of the changes upending the automotive industry. The US motor giant’s sales fell by 2pc to just under 4.4 million last year. That compares to 4.6 million sold over the same period by BYD, which climbed to sixth in the rankings of global car manufacturers. Ford’s US sales rose but the carmaker has been losing ground in both Europe and China. The company is best-known for top-sellin ...