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CnEVPost Newsletter: Deutsche Bank's NIO Day preview; Cathie Wood keeps buying XPeng
Deutsche Bank's NIO Day preview: Looking forward to 2022 - CnEVPost — cnevpost.com NIO will host NIO Day 2021 this Saturday in Suzhou, a neighboring city to Shanghai.
NIO's battery swap network covers another major highway - CnEVPost As of December 15, NIO's battery swap stations in China reached 719, of which 164 are located along highways.
NIO signs deal with another highway service area operator to build swap stations - CnEVPost NIO signed an agreement with Anhui Yida to jointly build 13 battery swap stations in highway service areas.
NIO's battery asset operator exceeds 4 GWh under management - CnEVPost Founded on August 18, 2020, Mirattery now has 100 times the asset size of 0.04 GWh as of September 2020.
Cathie Wood keeps buying XPeng despite share price drop - CnEVPost ARKQ bought 92,271 shares of XPeng on Tuesday, increasing the stock to 1.25 percent of its position.
Volkswagen China officially becomes largest shareholder of EV battery maker Gotion High-Tech - CnEVPost The number of shares held by Volkswagen China in Gotion has increased to 441 million shares, raising its stake to 26.47 percent.
Niu Technologies founder officially announces joining car-making bandwagon - CnEVPost Niutron's first model will be a mid-size SUV, which is scheduled for small batch trial production in March next year and will be officially launched in September next year.
Uxin reports revenue of $53.7 million for past quarter, up 353% year-on-year - CnEVPost Uxin expects fourth quarter revenue to be RMB 480 million to RMB 500 million.
GAC to invest $30 million in self-driving startup WeRide - CnEVPost GAC and WeRide plan to gradually build a fleet of Robotaxi in the tens of thousands of vehicles over the next few years.
China's new rules encourage automakers to install brake energy recovery systems - CnEVPost Energy-efficient technologies, including brake energy recovery systems, will be included in the 2021-2023 dual-credit assessment.