CnEVPost Newsletter: Morgan Stanley on Nio's recent outperformance; Goldman Sachs initiates coverage on Xpeng
CnEVPost Newsletter: Morgan Stanley on Nio's recent outperformance; Goldman Sachs initiates coverage on Xpeng
Morgan Stanley offers views on Nio's recent outperformance, expects 15,000 deliveries in Jul
Amid positive sector sentiment, investors are inclined to take opportunities on laggards like Nio to play the catch-up, Morgan Stanley said.
Nio reportedly delays mass production plans for in-house developed batteries
Based on its latest plans, Nio has slowed down some of the equipment purchases for its battery factory, according to local media.
Nio announces closing of investment from Abu Dhabi fund
Nio and the CYVN entities will work together on strategic collaborations in international business and technology partnerships, the EV maker said.
Nio ET5 and ES7 get 5-star Euro NCAP safety ratings
The Nio ET5 and ES7 -- known as the EL7 in Europe -- both earned the highest five-star rating in the latest Euro NCAP safety tests, following the ET7 sedan.
Goldman Sachs initiates coverage on Xpeng with Buy rating, bullish on G6 potential
Goldman Sachs believes the market has yet to fully reflect the potential of the G6, with the model ranking No.1 among comparable models, and which is the most competitive product released by Xpeng to date.
Audi reportedly in talks to buy platform from SAIC's EV unit IM Motors
Audi seeks to take over the EV platform owned by IM Motors, with talks in an advanced stage, according to a Reuters report.
Automakers' share in China NEV market in Jun: BYD 34.7%, Tesla 11.2%
Nio sold 54,561 units in the January-June period, placing it in 10th place with a 1.8 percent share in the first half of the year.
China NEV retail sales at 122,000 in Jul 1-9, down 1% from same period last month
In the first week of July, China's NEV penetration at retail stood at 36.5 percent, with year-to-date penetration at 32.55 percent.