CnEVPost Newsletter: Nio's partnership with JAC explained in detail

Oct 23, 2023

Factbox: Nio's partnership with JAC explained in detail

Nio pays JAC for each vehicle produced on a per-vehicle basis monthly. It paid JAC an average of about $1,260 per vehicle in 2022.

Nio ES8 becomes designated car for G20 Entrepreneurship Roundtable

In addition to the ES8, the Nio ET7 will also be used as the designated vehicle for another major event to be held next month.

BYD's ultra-luxury Yangwang U8 has over 30,000 orders, report says

BYD's Yangwang U8, which costs more than RMB 1 million, has gone into production with over 30,000 orders, according to a local media report.

Baidu-backed Jiyue signs strategic cooperation deal with CATL

CATL is supplying batteries for the Jiyue 01, which will be officially launched on October 27.

GAC Aion reportedly to take over Mitsubishi's plant as Japanese carmaker exiting China

The plant, which has an annual capacity of 200,000 vehicles, has already begun equipment renovation and is expected to begin production in May 2024, according to local media.

BeyonCa, EV brand founded by former VW exec Weiming Soh, signs deal with Saudi investor

BeyonCa has signed separate agreements with a Saudi investor and a Middle Eastern distributor.