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CnEVPost Newsletter: NIO may offer ET7 with LFP batteries, HK listing may be delayed until next year

CnEVPost Newsletter: NIO may offer ET7 with LFP batteries, HK listing may be delayed until next year
By CnEVPost Newsletter • Issue #137 • View online

NIO may offer ET7 with lower-cost LFP batteries - CnEVPost
All of NIO’s current models use ternary lithium batteries from power battery giant CATL, but the latest clues indicate that its flagship sedan, the ET7, could be offered in a version with the lower-cost LFP batteries.
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NIO’s Hong Kong listing is likely to be delayed until next year, Bloomberg reported Thursday.
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NIO and Times China will work together in areas including new energy facilities placement and brand marketing.
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Tesla China sold 12,885 units in August and China-made Model 3 sales were 1,309, the lowest for the model since deliveries began last January.
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Following the completion of a charging pile production project, the first phase of Tesla’s component manufacturing ramp-up project in China has also been completed.
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Shandong has a total population of 101.5 million, accounting for 7.19 percent of the country’s population.
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After its debut at the Shanghai Auto Show in April and the launch of its first model, BYD officially introduced the e-Platform 3.0 to the public.
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BYD said the cumulative order book this year could reach 900,000 units, but the company can only deliver 700,000-750,000 units this year.
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From January to August, the company sold a total of 75,693 EVs, up 196 percent from a year earlier.
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Hyundai has five passenger car production bases in China with a combined annual production capacity of 1.65 million units.
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WeRide announced Thursday its entry into the self-driving freight sector with the launch of WeRide Robovan, which the company calls China’s first L4 self-driving van.
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The move is intended to direct car companies to areas with low capacity utilization and to close plants that were built in the past few years but are now in surplus, the report said.
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