CnEVPost Newsletter: NIO seeks advice on pricing for new ES6; Wuling takes page from NIO's book

May 11, 2023

NIO asks its community for advice on pricing of new ES6

One possibility is that NIO may price the new ES6 at under RMB 368,000 and attribute the decision to the calls of its community.

NIO to report Q1 earnings on Jun 9

NIO delivered 31,041 vehicles in the first quarter, slightly above the lower end of its guidance range of 31,000 to 33,000 vehicles.

BYD's Tesla FSD-like feature said to be available in Q3

BYD's advanced driver-assistance system, called DNP, will be available on the new Han sedan in the third quarter, according to local media.

BYD ramps up smart driving R&D efforts, forms chip design team, report says

The unification of the chip and algorithm businesses is a positive sign that BYD is accelerating the pace of its own smart driving research and development, local media said.

Full text: Li Auto Q1 earnings call transcript

Li Auto aims to reach 30,000 units delivered in a single month in June, the company's management said.

SAIC-GM-Wuling takes page from NIO's book to make its Mini EV even more affordable

SAIC-GM-Wuling is allowing consumers to pay only for the vehicle body and rent the battery when they buy the Mini EV, lowering the purchase threshold to RMB 19,800 ($2,860).

Gotion becomes VW's designated battery supplier for markets outside of China

The purchase order involves LFP Unified Cell products with the same design style and specifications as those for the Chinese market for Volkswagen's full range of NEVs.

China EV battery installations in Apr: BYD regains top spot over CATL in LFP market

BYD returned to the top spot in the LFP battery market with a 42.68 percent share in April, overtaking CATL's 33.65 percent.

China NEV sales down 2.6% MoM to 636,000 in Apr, CAAM data show

Irrational promotions in China's auto market since March have led to consumer wait-and-see, so auto consumption is still in a slow recovery process, the CAAM said.