CnEVPost Newsletter: BYD shares plunge on rumors of Warren Buffett cutting holdings

BYD shares plunge on rumors of Warren Buffett cutting holdings - CnEVPost — cnevpost.com BYD fell 10.89 percent in early trading in Hong Kong and 7.3 percent for shares traded in Shenzhen.

Zeekr's free Qualcomm 8155 chip upgrade upsets some NIO owners - CnEVPost After Zeekr announced its free Qualcomm 8155 chip upgrade plan, some NIO owners are asking for a free upgrade as well.

Zeekr allows all users to upgrade to Qualcomm 8155 chip for free, launches new variant of Zeekr 001 - CnEVPost The Qualcomm 8155 chip is expected to address potential Zeekr 001 consumers' concerns about a poor smart cockpit experience.

NIO's battery asset JV Mirattery enters into partnerships with multiple firms - CnEVPost Mirattery has contracted with several companies, including JAC's Sehol brand and Geely-backed Soland Technology, to provide technical services or build joint labs.

XPeng Robotics closes over $100 million in Series A funding, expects smart robots to enter households in next two years - CnEVPost XPeng Robotics, which unveiled its first product last year and brought in an industry veteran, will use its latest financing to ramp up its R&D.

CATL said to mass produce lithium manganese iron phosphate batteries within this year - CnEVPost The battery's energy density is 15-20 percent higher than that of lithium iron phosphate batteries, but there is little difference in the material costs, according to local media.

CITIC Securities raises its forecast for NEV sales in China to 6 million units this year - CnEVPost In the second half of the year, the electrification trend will continue at an accelerated pace as premium models become available and subsidies recede causing people to purchase vehicles earlier, the team said.

Chongqing Sokon to change its name to more well-known Seres - CnEVPost In China, the partnership with Huawei has made people know Seres but not Chongqing Sokon.

Ganfeng Lithium to buy Lithea, which has lithium resources in Argentina, for up to $962 million - CnEVPost Lithea's main asset, the PPG project, is a lithium salt lake project in Argentina that includes two lithium salt lake assets.

Chinese BEV landscape explained in charts - CnEVPost These charts show the sales performance of BEV models in different price ranges in June.