CnEVPost Newsletter: China EV insurance registrations for week ending Aug 6
CnEVPost Newsletter: China EV insurance registrations for week ending Aug 6
Major EV makers saw insurance registrations in China generally decline last week, as the beginning of the month usually sees lower numbers, with Tesla being one of the few to grow.
Nio says rumors of Mercedes deal false
Last week, William Li accompanied several foreigners on a tour of a battery swap station, sparking a new round of rumors that Nio and Mercedes-Benz had entered into a partnership.
Li Auto posts earnings that beat expectations with record Q2 revenue and improved margins
Li Auto expects third-quarter vehicle deliveries to be in the range of 100,000 to 103,000 units, implying year-on-year growth of 277.0 percent to 288.3 percent.
Prototype rumored to be Li Auto's Li Mega revealed on Chinese social media
Images shared by multiple automotive bloggers show the prototype in the engineering stage, with the front windshield yet to be installed and the interior far from finished.
Tesla delivers 31,423 vehicles in China in Jul, exports 32,862 from Shanghai plant
In the Chinese BEV market, Tesla's share was 7.46 percent in July, down from 16.53 percent in June, but up from 2.34 percent a year earlier.
Former head of smart driving R&D at Horizon Robotics reportedly joins BYD
Horizon Robotics' former smart driving R&D director Liao Jie has joined BYD as head of the latter's smart driving team in Shanghai, according to local media.
GAC Aion's Hyper brand says it has built 14 swap stations
Hyper has built 14 battery swap stations in Guangzhou and Foshan and plans to build 500 stations in China by 2025.
China's retail sales of NEVs down 3.6% MoM to 641,000 units in Jul, CPCA data show
BEVs sold 421,000 units at retail in July, accounting for 65.7 percent of all NEV retail sales.