CnEVPost Newsletter: Li Auto Q1 earnings preview; NIO teases new NIO House in Germany

May 4, 2023

Li Auto Q1 earnings preview: Shifting to higher gear

With sales near the low end of guidance, Li Auto's performance in the first quarter is expected to be somewhat mixed, but the outlook for delivery in the second quarter is strong, according to Edison Yu's team.

NIO to open new NIO House in Germany on Jun 1

The new NIO House will be located in Düsseldorf and is set to become NIO's third such facility in Germany.

Chinese Lithium giant Tianqi reportedly mulling stake in Mercedes-Geely JV Smart

Smart delivered 4,390 vehicles in China in April, down 25.73 percent from 5,911 units in March.

Global EV battery market share in Q1: CATL 35%, BYD 16.2%

CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Tesla Model 3, Model Y, SAIC Mulan, and the Chinese commercial vehicle market, according to SNE Research.

Thailand in talks with CATL over potential battery plant

Thailand is talking to many companies, not just CATL, but many in the battery industry, an official in the Southeast Asian country said.

Chengdu auto show to be held from Aug 25 to Sep 3

Last year's Chengdu auto show opened on August 26, but the show, which was to run for 10 days, ended early after four days due to Covid control.