CnEVPost Newsletter: Former Nvidia engineer joins NIO; Tesla China sales reach record 70,847 units

Former Nvidia engineer Steve Xie joins NIO as head of simulation - CnEVPost — cnevpost.com Xie previously worked at Nvidia and Cruise, a self-driving company owned by General Motors.

NIO enters into strategic partnership with steel producer Baosteel - CnEVPost NIO and Chinese steel producer Baoshan Iron & Steel (Baosteel) have entered into a strategic partnership to work together in areas including products and supply chain.

Most XPeng models see price increases to reflect drop in state subsidies - CnEVPost XPeng's models priced below RMB 300,000 are being offered with reduced subsidies.

Tesla China sales reached record 70,847 units in Dec - CnEVPost Tesla China exported 245 units in December, meaning it sold 70,602 units in China.

Volkswagen targets sales of 140,000 ID. family EVs in China in 2022 - CnEVPost The Volkswagen ID. family of electric vehicles had a total of 70,625 deliveries in China in 2021.

Polestar says it meets target with 29,000 vehicles sold in 2021 - CnEVPost Polestar China achieved 471 percent year-on-year growth in 2021, increasing its retail network from 15 to 20 in the country.

China's wholesale sales of passenger NEVs reached record 505,000 units in Dec, CPCA data show - CnEVPost China's December new energy passenger vehicle sales set another record, with many consumers buying such models before subsidies are reduced.

China's latest subsidy policy a boon for NEV industry because of removal of cap on vehicle units, CPCA says - CnEVPost Previously China provided subsidies for up to 2 million NEVs per year.

China's top economic planer looks into development of smart cars in Beijing - CnEVPost Officials from China's NDRC recently surveyed the implementation of the Smart Vehicle Innovation and Development Strategy, an ambitious plan released two years ago.