CnEVPost Newsletter: China NEV insurance registrations; BYD earnings
CnEVPost Newsletter: China NEV insurance registrations; BYD earnings
China NEV insurance registrations for week ending Mar 26: BYD 43,490, Tesla 15,886, NIO 1,909
NIO is on track to reach its guidance, with 9,199 vehicles registered in the past four weeks.
NIO's 3rd-gen swap station makes real-life debut as mass production nears
Starting in June, NIO will basically keep building 120-150 battery swap stations per month, William Li previously said.
NIO stops ET7 production, to launch facelift this year, report says
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.
NIO ES7 and ET5 wait times become shorter
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 Q4 net profit up over 10 times year-on-year to $1.06 billion
BYD's net profit for the full year 2022 was up 445.86 percent year-on-year to RMB 16.6 billion.
Leapmotor surges about 20% to near-record high in Hong Kong
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.
SAIC's Rising Auto launches battery swap-enabled mid to large-size sedan F7
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 teases Smart #3, releases official 'spy shots'
Smart has released a set of spy photos of the Smart #3 on Weibo, with text suggesting that the model will have sporty features.
CATL reaches deal to supply energy storage systems to US firm HGP
The 450-MWh battery storage project will be deployed in Texas and is expected to begin commercial operations in 2024.