CnEVPost Newsletter: NIO, XPeng and 86 others added to SEC's list of firms facing possible delisting

NIO said it will continue to comply with Chinese and US laws and regulations, and strive to maintain its listing status on both the NYSE and the HKEX.

The inclusion of Chinese companies on the list is a step by the US side to enforce relevant laws and does not mean they will be delisted, the Foreign Ministry said.

The NIO ES7 is scheduled to be unveiled at the end of this month and deliveries will begin within the year.

Hong Kong’s market performance followed the overnight advance in US stocks, as the Federal Reserve released dovish signals.

Tesla outlined how it plans to further expand its factory in Shanghai in a letter sent to local officials, according to Reuters.

BYD has bucked the trend of record high sales under heavy pressure, continuing to validate the advantage of having core components supplied by itself, analysts said.

At press time, CATL was down 8.64 percent on volume that hit a single-day high since its 2018 IPO in less than half a trading day.

The Kirin battery has a 13 percent higher energy density than a large cylindrical battery with the same electrochemical system, CATL said.

Looking at future capacity demand and the company’s current capacity profile, it has a capacity gap of no less than 390 GWh by 2025, CATL said.

As for the specifics, the impact of worker training, efficiency, labor unions and other factors on quality and cost need to be taken into account.

With the launch of the new BMW i3 and the unveiling of the BMW i7, BMW has presented five purely electric models to Chinese customers.

Seres, Sokon’s brand that partners with Huawei, sold 3,439 units in April, up 1,248.63 percent year-on-year.