CnEVPost Newsletter: NIO Q1 earnings preview; Tesla China-made vehicle sales
Deutsche Bank expects NIO to report soft results for the first quarter, with downside risk to margins, though some relief in on the way.
NIO management aims to capitalize on the success of the Zeekr 001, which proves there is a sizeable local market for luxury sporty EV wagons, Deutsche Bank said.
Wait times for both the NIO ES7 and ET7 have gone from about 3 weeks to 3-4 weeks.
From January to May, Tesla sold 382,859 China-made vehicles, up 77.37 percent from 215,851 units in the same period last year.
Wuling is considering offering a range-extender option for the Baojun Yep, which would provide the mini EV with the ability to get an extra 80 kilometers of range by refueling.
The recall involves the locally produced i3 and iX3, as well as the imported i4, i7 and iX EVs.
Strong increases in lithium carbonate prices will not be immediately reflected in lithium battery prices, and prices of other raw materials are still falling, TrendForce said.
In January-April, CALB's power battery installations of 8.4 GWh surpassed Samsung SDI's 7.5 GWh, according to SNE Research.
From January to May, China's wholesale sales of passenger NEVs are expected to be 2.78 million units, up 46 percent year-on-year, the CPCA said.
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