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CnEVPost Newsletter: EV stocks soar as China's zero-Covid policy sees significant easing
EV stocks extend gains as China's zero-Covid policy sees significant easing - CnEVPost — cnevpost.com At press time, NIO extended gains in Hong Kong to 16.49 percent to HK$81.95, XPeng rose 9.52 percent to HK$28.75 and Li Auto rose 10,51 percent to HK$71.
Bridgewater's position in NIO up 6.6% in Q3, holdings in XPeng and Li Auto remain stable - CnEVPost The market value of Bridgewater's holdings in NIO decreased by 22.58 percent during the third quarter, while its holdings in XPeng and Li Auto decreased by 62.31 percent and 39.77 percent, respectively.
Largest US pension ups bets on NIO and Li Auto in Q3, liquidates position in XPeng - CnEVPost CalPERS increased its position in NIO by 18.2 percent and its position in Li Auto by 21.05 percent in the third quarter.
NIO Q3 earnings: An investor's take - CnEVPost NIO 5 new product offerings in 1H 2023 will be golden & life-threatening to numerous competitors with barely a competitive premium luxury product in sight.
Berkshire further cuts its stake in BYD by 5.78 million shares - CnEVPost Berkshire Hathaway's stake in BYD fell to 16.62 percent from 17.92 percent.
Patent drawings show possible look of BYD's premium brand's first model - CnEVPost BYD's patent images show the possible design of the front and rear of its premium brand's off-road SUV.
BYD's premium brand Yangwang starts hiring spree - CnEVPost The job descriptions for these positions suggest that Yangwang will target high-end consumer groups and place extra emphasis on user operations.
BYD expected to see its 3 millionth NEV roll off line next week - CnEVPost It took BYD 13 years to reach its first 1 million NEVs produced, and a year and a half to see that number increase from 2 million to 3 million.
Tesla adds 43 Supercharger stations in Chinese mainland in Oct - CnEVPost Tesla plans to add Supercharger stations in November in 26 more cities, including Beijing, Xi'an and Nanjing.
CATL signs deal to supply batteries to Japanese mini-vehicle specialist Daihatsu - CnEVPost CATL will provide a stable supply of power batteries for Daihatsu's electric vehicle models and promote the deployment of battery technology, including CTP and BMS, in Daihatsu's vehicles.
Jinko Solar says over 50% of its electricity comes from clean energy at 14 sites worldwide - CnEVPost Jinko Solar has achieved 100 percent green power in production at three of its sites.