CnEVPost Newsletter: China NEV insurance registrations; BYD earnings
NIO is on track to reach its guidance, with 9,199 vehicles registered in the past four weeks.
Starting in June, NIO will basically keep building 120-150 battery swap stations per month, William Li previously said.
A revamped version of the NIO ET7 is expected to be optimized for exterior and interior details and will likely be unveiled during the Shanghai auto show, according to a local media report.
Wait times for both the NIO ES7 and ET5 are now around 3 weeks, compared to 4-6 weeks and 3-4 weeks respectively.
BYD's net profit for the full year 2022 was up 445.86 percent year-on-year to RMB 16.6 billion.
Analysts expect Leapmotor's sales to start improving gradually in the second quarter, meeting the company's guidance of selling more than 30,000 units in the quarter.
The Rising F7 starts at a price range of RMB 209,900 ($30,490) to RMB 301,900, or RMB 145,900 in battery rental mode.
Smart has released a set of spy photos of the Smart #3 on Weibo, with text suggesting that the model will have sporty features.
The 450-MWh battery storage project will be deployed in Texas and is expected to begin commercial operations in 2024.
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