CnEVPost Newsletter: Chinese city Chongqing to subsidize up to $78,000 for each battery swap station

Chinese city Chongqing to subsidize up to $78,000 for each battery swap station - CnEVPost — cnevpost.com If NIO is able to take advantage of this subsidy from Chongqing, its battery swap station construction costs in the city will be significantly reduced.

New data shows Tesla delivered 11,949 units in China in April, down 66% from March - CnEVPost A figure last week showed Tesla China sales fell 27 percent in April from March, but its exports hit a record high, sparking confusion about whether sales included exports. Now that confusion has finally been resolved.

Tesla Model 3 burns after hitting tree in latest accident - CnEVPost Tesla sources said the accident was caused by the vehicle driving at high speed resulting in loss of control and a collision before the vehicle burned, according to nbd.com.cn.

Huawei said to target selling 300,000 cars next year - CnEVPost Huawei Consumer BG CEO Richard Yu has set a goal of selling 300,000 cars next year, and the company plans to sell cars in 200 stores by the end of July, increasing such stores to more than 1,000 by the end of the year, according to Tencent News.

Arcfox model equipped with 'Huawei Inside' have seen orders exceed 1,000 units - CnEVPost Arcfox unveiled the Arcfox α-S last month, with the higher-spec version featuring the Huawei Inside solution. Now, according to the latest report, orders for this model have exceeded 1,000 units in only one month.

BYD's one millionth new energy vehicle rolls off line - CnEVPost BYD became the first Chinese car company to cross this historic threshold in new energy vehicle sales.

BYD to ship 1,500 Tang EVs to Norway within the year - CnEVPost BYD announced in early March that the 2021 BYD Tang, an SUV powered by blade batteries, will be sold in the Norwegian market, and now the company has provided more details.

Changan's premium brand with Huawei, CATL said to be unveiled this month - CnEVPost Chongqing-based Changan Automobile, in partnership with Huawei and CATL, will launch its premium new energy brand as soon as this month, yicai.com reported Wednesday.

CICC: Software profits, service revenues to become new valuation anchors for auto industry - CnEVPost CICC believes that the practice of charging for self-driving features may not be sustainable in the long run, and that car companies need to move to a "channel fee" profit model.

Chinese home appliance giant Midea unveils multiple core components for EVs - CnEVPost Unlike technology companies including Xiaomi, Baidu and Qihoo 360, Midea particularly emphasized that it is not directly involved in building cars, but focuses on providing components for car companies.