CnEVPost Newsletter: Analysts' views on NIO's recent moves; Tesla offers insurance subsidies in China
CnEVPost Newsletter: Analysts' views on NIO's recent moves; Tesla offers insurance subsidies in China
NIO's urgency to capture volume and cut expenses finally here, says Deutsche Bank
With NIO's broad price cuts and the rapid rollout of new NT 2.0 models, it could see a considerabe sales rebound in the second half of the year, according to Edison Yu's team.
NIO ET5 Touring pricing 'a pleasant surprise,' says Morgan Stanley
While touring cars might be relatively niche compared to sedans, some comparable offerings in the market can still deliver monthly sales of about 10,000 units on a consistent basis, Tim Hsiao's team said.
NIO starts delivery of ET5 Touring in China
The ET5 Touring vehicles currently being delivered by NIO are produced in advance, and consumers who customize the model will have to wait about 3-4 weeks.
NIO launches ET5 Touring and EL6 in Europe, deliveries to start in Q4
The ET5 Touring and EL6 are priced higher in Europe than in China due to factors including transportation costs, local taxes and operating costs.
NIO ET5 Touring has 3-4 weeks delivery wait time in China after launch
NIO has produced some ET5 Touring vehicles based on designer-recommended configurations, and deliveries of these non-customized vehicles will officially begin on June 16.
Li Auto files for Li L9 variant without LiDAR
The price of the Li L9 without LiDAR could be at least RMB 40,000 less than the Li L9 Max at RMB 459,800.
Tesla starts offering insurance subsidies for car purchases in China again
From June 16 to June 30, Chinese consumers can receive an RMB 8,000 insurance subsidy if they purchase a rear-wheel drive version of the Model 3 that has already been produced.
BYD rolls out 4 models in Italy as it expands presence in European passenger car market
BYD held a brand and product launch event in Italy, introducing the BYD Atto 3, Han, Dolphin and Seal to local consumers.
Huawei-backed AITO to launch flagship SUV M9 in Q4
The AITO M9 will be built on a new 800 V high-voltage platform, on which Huawei will place its new technologies in the cockpit and smart driving areas, according to Richard Yu.