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CnEVPost Newsletter: JAC to acquire some of NIO's assets; BYD Yangwang to unveil 1st model on Jan 5
JAC did not give a specific reason, but said the move will help it deepen its strategic partnership with NIO.
NIO today shared a short video on its mobile app suggesting it will launch a new model with an electric rear wing at NIO Day 2022 in two days.
The two models, similar to the Volkswagen Golf and Nissan Leaf, will primarily target the European market, with production expected to begin in 2024, according to local media.
The wait time for the NIO ET5 has been reduced to 10-12 weeks from the previous 12-14 weeks.
NIO ET7 scores 91.44 percent in active safety and 88.18 percent in occupant protection.
The first model of the Yangwang brand will have powerful motors and a high-safety battery, an executive said.
The model will be launched in the second quarter of 2023 with a battery pack capacity of 140 kWh and an energy density of 200 Wh/kg.
This is CATL's first direct partnership with an asset management company that operates energy storage projects, and the two will work to expand the partnership to 10 GWh.
Farasis Energy is working on adapting a sodium-ion battery with a JMEV model that will be available in 2023.
Svolt Energy expects to complete the development of sodium-ion batteries with an energy density of 160 Wh/kg and cycle life of more than 2,000 by the fourth quarter of 2023.
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