CnEVPost Newsletter: Deutsche Bank on 'fire sale' of China EV stocks; Tesla hikes prices again
Deutsche Bank on 'fire sale' of China EV stocks: Near-term technical trough could occur, but multiples may remain paralyzed for awhile - CnEVPost — cnevpost.com Last week, some entities chose to "be first" and this may have turned into a fire sale where institutional shareholders simply have given up on China ADRs as an asset class.
Hong Kong-listed EV stocks plunge as broad market sell-off continues - CnEVPost NIO opened down 8.11 percent, XPeng opened down 5.24 percent and Li Auto opened down 14.98 percent.
XPeng's HT Aero sees X2 flying vehicle debut in Europe - CnEVPost HT Aero will officially introduce the flying car at a future launch event in Europe. It previously said it plans to test-fly the X2 in Europe in the first half of 2022.
Li Auto and its supply chain could be 'dark horse' in 2022, analysts say - CnEVPost The Li Auto L9 and Li ONE are ushering in a new category of "luxury cars for the family" that deserves a lot of attention, according to a team of local analysts.
Tesla raises prices again in China, just 5 days after it last did - CnEVPost After raising the prices of several models in China just last week, Tesla is doing so again today, and with an even bigger price increase.
BYD reveals core specs of two new variants of its flagship sedan Han - CnEVPost The Han DM-i can accelerate from 0 to 100 km/h in 7.9 seconds and has a combined range of 1,300 km/h. The Han DM-p can accelerate from 0 to 100 km/h in 3.7 seconds.
Didi reportedly could announce car-making plans in June - CnEVPost Didi's first model could be priced at around 150,000 yuan ($23,582) and aim for delivery in June next year, according to local media.
Solid-state battery startup GTC Power closes over $7.8 million in funding - CnEVPost Founded in 2020, GTC Power provides high energy density products and completed prototyping of 1Ah, 5Ah and 20Ah all-solid-state lithium batteries.