CnEVPost Newsletter: Li Auto insurance subsidy; Xpeng X9 spy photo
CnEVPost Newsletter: Li Auto insurance subsidy; Xpeng X9 spy photo
Li Auto begins offering $1,370 insurance subsidy to maintain sales momentum
While Li Auto claims that it is offering the insurance subsidy to celebrate the milestones in the deliveries of its L-series models, it is more likely to be an effort to maintain current sales momentum.
New spy photo and video show more details of Xpeng X9 MPV
The Xpeng X9 will be launched at the end of the fourth quarter and will likely make a limited contribution to this year's deliveries, the EV maker's management said earlier this month.
Neta announces closing of nearly $1 billion in new financing
Neta has announced the closing of a RMB 7 billion Crossover round of financing, without revealing any other details about the funding.
VW-backed battery maker Gotion sees Q2 profit up 76.52% from Q1
Gotion's net profit for the first half of the year reached RMB 209 million, up 223.75 percent year-on-year.
China NEV retail sales at 538,000 in Aug 1-27, up 2% from same period last month
In the first four weeks of August, China's NEV retail penetration was 39.67 percent, while it was 33.70 percent year-to-date.