CnEVPost Newsletter: Nio earnings preview; BofA raises Nio price target
Nio's gross margin will be under pressure due to lower deliveries, but stronger execution is starting to show up, which could help vehicle margins recover in the second half, according to Deutsche Bank.
BofA raises price target on Nio, expects solid delivery momentum to continue into Q4
Nio's effective pricing adjustments and more models offered to the market have driven solid sales, BofA said.
Zeekr offers up to 10% discount for customers who buy Zeekr 001 within this year
Zeekr today announced that customers who purchase the Zeekr 001 during the year will receive a discount of between RMB 30,000 and RMB 37,000.
Tesla launches campaign to increase use of its superchargers in China
China's improving public charging system may be causing the utilization of Tesla's charging facilities to slip.
BYD starts warming up for shooting brake SUV Song L
BYD today shared four exterior images of the Song L, saying the model will be a B-class flagship shooting brake SUV.
BYD Fang Cheng Bao to hold brand and tech launch on Aug 16
Fang Cheng Bao said next week's event will be a brand and technology launch, so the official launch of the Leopard 5 could take place later.
SAIC-GM-Wuling launches Baojun Yunduo compact EV with starting price of about $13,270
The Baojun Yunduo is the second model launched by the Baojun brand this year and is expected to compete with the BYD Dolphin and Volkswagen's ID.3.
Great Wall becomes latest Chinese automaker to tap into Indonesian market
Great Wall has officially launched its GWM brand in Indonesia and presented models including the Tank 500 HEV and Haval H6 HEV to local customers.
BMW recalls 29 EVs in China over charging issue
The vehicles covered by the recall may experience charging interruptions due to a supplier's production process error, resulting in the vehicle failing to start or the high-voltage system shutting down while driving.