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CnEVPost Newsletter: ET5 is NIO's most pre-ordered model, expected to expand EV maker's vehicle reach
ET5 is NIO's highest pre-order model, says CEO - CnEVPost — cnevpost.com An industry insider said the popularity of the NIO ET5 is very similar to the China-made Tesla Model 3 when it first became available.
Deutsche Bank says ET5 will materially expand NIO's vehicle reach - CnEVPost Edison Yu's team expects NIO ET5 deliveries to likely be just 9,000 units next year, with that number expected to rise to 65,000 units in 2023 as capacity ramps up.
NIO rules out MPV launch in short term - CnEVPost NIO will definitely have an MPV, but it's not a high priority for the company right now, according to William Li.
NIO introduces integrated die-casting technology in ET5 - CnEVPost NIO is using integrated die-casting technology in at least three places on the ET5, promising to reduce production costs and increase productivity.
NIO plans to use $1.25 million worth of credits to encourage owners to provide service to each other - CnEVPost To date, more than 200 NIO users have become owner benefit partners, involving more than 500 stores.
XPeng named by Twitter as China leading brand in international markets - CnEVPost XPeng received the award for its innovative brand strategy and outstanding brand recognition in overseas markets.
CATL's battery module site near Tesla's Giga Shanghai to start production next year - CnEVPost The site is expected to make it easier to supply power cells to Tesla.
BYD to launch Yuan Plus, its first SUV on e-platform 3.0, in Singapore in Q2 2022 - CnEVPost BYD expects the Yuan Plus to receive strong interest in Singapore as it features BYD's latest e-platform 3.0 and blade battery technology.
China's Gotion inks EV battery supply deal with unnamed US automaker - CnEVPost Gotion will secure the number of batteries required by the customer, which expects to purchase no less than 200 GWh in total, from 2023-2028.
EV battery maker Farasis Energy has reportedly sent samples of semi-solid-state batteries to Mercedes-Benz - CnEVPost Farasis Energy has sent samples of its first-generation semi-solid-state battery with an energy density of 330Wh/kg to Mercedes-Benz, which will start testing prototype batteries soon.
Volkswagen CEO Herbert Diess: We need more cooperation and presence in China, not less! - CnEVPost It would be very damaging if Germany or the EU wanted to decouple from China, says Herbert Diess.