CnEVPost Newsletter: NIO reportedly intends to build plant in US

He Liyang, XPeng’s vice president in charge of overseas markets, has recently left the company and his duties have been taken over by a vice president of human resources, according to LatePost.

Li Auto originally planned to sell 200,000 vehicles this year, but now believes that target will not be met given the current challenging macroeconomic environment, according to LatePost.

BYD has 100 designated dealers in Brazil by the end of 2023.

In China, cars priced around RMB 200,000 are seen as offering the best balance of affordability and specifications.

BMW plans to use round cells in models based on the Neue Klasse electric vehicle platform to be released in 2025, which is expected to bring down costs by 30 percent.

The semi-solid-state battery has an energy density of 360Wh/kg, much higher than the 210Wh/kg of conventional ternary lithium batteries, according to a Gotion executive.

FAW has approached Didi and pledged to help it resolve issues related to data security and pave the way for a Hong Kong listing, according to Bloomberg.