CnEVPost Newsletter: NIO cuts prices for all models; ET5 Touring to launch on Jun 15
NIO cuts starting prices by $4,200 for all models and makes battery swap benefits optional
Including the battery, the starting price of NIO ET5 is reduced to RMB 298,000 and the new ES6 is RMB 338,000.
NIO's William Li responds to price cuts across entire lineup
NIO has been discussing this adjustment internally for a long time, and as of 3 am today the NIO team was still working on it, William Li said.
Store visit: First impression of NIO ET5 Touring before official launch
The NIO ET5 Touring offers more trunk space while improving the high driver's seat that the regular ET5 was complained about. The key now is the price.
NIO to launch ET5 Touring on Jun 15, delivery in China to start next day
The launch event of the ET5 Touring will start at 19:00 Beijing time on June 15. Show cars are already available in NIO stores and deliveries in China will start on June 16.
NIO to launch ET5 Touring and ES6 in Europe on Jun 15
The ES6 is called the EL6 in Europe because of Audi's trademark lawsuit.
XPeng says G6 gets over 25,000 orders 72 hours after pre-sale starts
Many visitors have experienced the show cars at XPeng stores over the past 3 days, demonstrating their enthusiasm for the G6, it said.
BYD to build sodium-ion battery production base in Xuzhou
BYD will set up a joint venture with a local conglomerate to build a sodium-ion battery production base in Xuzhou, Jiangsu province.
Tesla says rumors that FSD will start pilot run in Shanghai untrue
There were rumors over the weekend that Tesla FSD would be running in Shanghai on a pilot basis, but this was denied.
Tesla delivers 42,508 vehicles in China in May, taking 7.3% share of NEV market
Tesla ranked third in the CPCA's NEV retail sales rankings, with BYD and GAC Aion in first and second place with 38.1 percent and 7.8 percent shares, respectively.
Zeekr begins deliveries of 3rd model, Zeekr X
Nearly 20 percent of Zeekr 001 and Zeekr 009 owners have opted to buy an additional Zeekr X, Zeekr said.
Saudi Arabia signs $5.6 billion deal with Chinese EV maker Human Horizons
The deal accounts for over half of the more than $10 billion in investments signed on the first day of the Arab-China business conference in Riyadh on Sunday.
US EV startup Fisker plans to open delivery center in China this year
"I believe we can get production up and running in China as early as next year, potentially adding capacity of 75,000 Fisker Oceans annually," Fisker CEO said.
CATL launches battery swap solution Qiji Energy for heavy-duty trucks
In the Qiji Energy solution, a single battery block has a capacity of 171 kWh and heavy-duty trucks can choose to use 1-3 blocks.