CnEVPost Newsletter: Meet JAC: The OEM that built a world-class factory for NIO

Meet JAC: The OEM that built a world-class factory for NIO - CnEVPost — cnevpost.com Like many start-up stories, the company, founded 57 years ago, had humble beginnings.

Deutsche Bank cuts Li Auto price target to $27, says EV maker shows encouraging signs but not game-changing - CnEVPost Edison Yu's team maintained a Hold rating on Li Auto but lowered its price target by $5 to $27 amid the broader re-rating in EV-related assets.

Li Auto will reportedly take over Beijing Hyundai plant as its second factory - CnEVPost The plant, with a total investment of RMB 6 billion ($940 million), will be used for research and development of vehicles, core components, autonomous driving, and other key technologies, the report said.

XPeng releases 'OTA chronicles', has rolled out 23 major updates - CnEVPost XPeng P7 is about to receive a major new version of the OTA upgrade, with the Xmart OS version number upgraded to 2.6.0.

Tesla begins hiring data security experts in China as compliance pressures mount - CnEVPost Tesla has begun hiring data security experts in China to address the increasing compliance pressure it faces.

Chinese EV startup Enovate Motors unveils design of its second model - CnEVPost The new car is designed by a team headed by former Porsche designer Hakan Saracoglu and is expected to go on sale in the third quarter of this year.

China has added 21,000 charging pile-related firms this year - CnEVPost New energy vehicles are one of the hottest topics in China right now, and in addition to Internet companies jumping on the car-making bandwagon, the number of companies providing infrastructure is also growing rapidly.