CnEVPost Newsletter: HSBC cuts price target on NIO
HSBC lowers its price target on NIO from $69 to $47 - CnEVPost — cnevpost.com HSBC expects NIO's product cycle to pick up momentum in 2022 with new models.
NIO's swap stations along highways exceed 100 - CnEVPost NIO plans to increase the number of battery swap stations along highways to 169 by February 1.
NIO's battery asset operator to establish $15.5 million research institute - CnEVPost The institute aims to build a power battery recycling system and conduct research related to battery materials.
Tesla will continue to expand investment and R&D in China, says Elon Musk - CnEVPost China has become a global leader in digital technology, Musk noted.
Geely aims to have 5,000 battery swap stations by 2025 - CnEVPost Unlike NIO, which offers battery swap technology to the general consumer, Geely's battery swap stations are aimed at the cab market.
Huawei set to offer BAIC's new energy vehicles in its sales channels - CnEVPost After Seres, BAIC BluePark's models are set to enter Huawei's sales channel as well.
SAIC to debut concept car 'Kun' at Expo Dubai - CnEVPost These teaser images show that the concept car has a very short front and rear end, with the middle cockpit taking up most of the space.
Chinese market regulator fines auto chip dealer RMB 500,000 for sharp price markup - CnEVPost Earlier this month, three auto chip dealers were fined a total of RMB 2.5 million for inflating the price of auto chips.