CnEVPost Newsletter: NIO testing new EC6; BYD launches 2023 Song Plus
CnEVPost Newsletter: NIO testing new EC6; BYD launches 2023 Song Plus
NIO testing new EC6 as its product changeover continues
The EC6 is the last remaining piece of the puzzle as NIO switches models from the NT 1.0 platform to the NT 2.0 platform.
NIO offers short-term car rental for Chinese owners on European trips
The service will begin a trial run on July 1, with available vehicles being the ET7 and EL7 and a minimum order length of seven days.
NIO Capital ups bet on ARM CPU startup CIX Technology
NIO Capital participated in a RMB hundreds of millions Series A round of funding for CIX Technology, after previously co-leading the company's Pre-A round.
Li L7 sees single-day sales of over 1,000 units, says Li Auto CEO
The Li L7 is a model that was nearly canceled during development, according to Li Auto CEO Li Xiang.
BYD Yangwang U8 expected to be officially launched in Aug
Yangwang will have separate sales channels from BYD and is in the process of building its first stores in 16 cities, and they are expected to start trial operations gradually in August.
BYD launches 2023 Song Plus at lower prices than pre-sale
All versions of the 2023 Song Plus are priced RMB 10,000 lower than the pre-sale.
Polestar will own 49 percent of the joint venture, with Xingji Meizu holding the remaining 51 percent.
China may introduce NEV support measures soon
China's State Council Information Office will hold a briefing at 10 am Beijing time on June 21 on promoting the development of the NEV industry.
China auto exports expected to reach 4.4 million in 2023, over 30% to be NEVs, says Canalys
Chinese car penetration is expected to rise to 16.5 percent in Europe and 12.8 percent in Southeast Asia by 2025, according to Canalys.
US can't yet compete with China in EV production, says Ford chairman
"They developed very quickly, and they developed them in large scale. And now they're exporting them," Bill Ford said.