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CnEVPost Newsletter: BYD Q3 net profit up 350%; Neta to equip future models with Nvidia Orin
BYD posts Q3 net profit of $786 million, up 350% year-on-year - CnEVPost — cnevpost.com BYD reported revenue of RMB 117.1 billion in the third quarter, up 115.6 percent year-on-year and up 39.8 percent from the second quarter.
Neta partners with Nvidia to equip future models with DRIVE Orin chips - CnEVPost Neta's flagship sedan, the Neta S, is powered by Huawei's MDC610 computing platform, and the Neta U-II, announced earlier this month, uses Horizon Robotics' Journey 3 chip.
EV brand founded by ex-VW exec Weiming Soh expected to debut first model on Oct 30 - CnEVPost BeyonCa has posted three Weibo posts in a week to warm up for the event.
Avatr's first model to enter Huawei's sales channel this year - CnEVPost The Avatr 11 will begin deliveries in December, and its successful entry into Huawei's channel is expected to bolster its sales.
GAC Aion to file for IPO in China in Q2 next year, report says - CnEVPost GAC Aion is expected to be the first NEV stock on China's Nasdaq-style sci-tech innovation board, also known as the STAR market.
Mercedes-Benz expands Feb recall to include EQA, EQB besides EQC in China - CnEVPost Mercedes-Benz issued a recall in February after dozens of Mercedes-Benz EQC owners protested the motor failures they experienced in January.