CnEVPost Newsletter: China NEV insurance registrations; NIO's new order intake
CnEVPost Newsletter: China NEV insurance registrations; NIO's new order intake
China NEV insurance registrations for week ending Jun 4: Tesla 14,500, Li Auto 6,600, NIO 1,700
NIO launched the new ES6 on May 24, though the model is likely still in the process of climbing capacity and not contributing much to sales.
NIO's new order intake hits year-to-date high with launch of new ES6, Morgan Stanley says
Confirmed orders for the ES6 accounted for 35-40 percent of new orders in May, meaning inflows since the model's launch in the last week of May have been quite meaningful, Morgan Stanley said.
NIO App resumes showing wait time for new ES6
Consumers who lock in their orders for the new ES6 can now expect delivery in about five weeks.
BYD warms up for F brand as official launch nears
The new brand's official name could be Fangchengbao, with the first model expected to compete with the Mercedes-Benz G-Class.
Great Wall Motor sells record 23,755 NEVs in May, up 60 percent from Apr
The Lanshan DHT-PHEV, which competes with Li Auto's Li L8, sold 5,136 units in its first full month of sales, and its production capacity is climbing, Great Wall Motor said.
China's NEV ownership exceeds 15 million
As of June 4, China's NEV ownership had exceeded 15 million units, achieving the goal of its 14th five-year plan ahead of schedule, an academician said.
Chinese team creates eVTOL with futuristic design
The eVTOL can take off and land on the water and is currently used mainly for sightseeing tours and performances.