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CnEVPost Newsletter: More images of NIO ET5 touring; Tesla's massive recall in China
NIO is filming promotional videos for the ET5 touring in Norway, and leaked images show more details of the model.
Baillie Gifford trimmed its holdings in NIO and Tesla by 0.77 percent and 2.83 percent, respectively, in the first quarter, but the value of its holdings in them rose.
The recall involves the vehicles' regenerative braking strategy, which Tesla plans to update via OTA to reduce the risk of crashes due to prolonged deep pressing of the accelerator pedal.
Shanghai will further deepen its cooperation with Tesla to promote the EV maker's businesses including self-driving and robotics in the city, a local official said.
Prior to entering Malaysia, Neta's efforts in Southeast Asia focused on Thailand and began construction of a Thai factory in March.
Chinese consumers' intent to buy NEVs continues to rise, further squeezing the share of the fuel vehicle market, according to JD Power.
Battery grade lithium carbonate rose 7.61 percent in China today, and industrial grade lithium carbonate rose 13.25 percent, both the largest single-day gains of this year.
This will help it further expand into the European market and accelerate its globalization, Hesai said.
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