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CnEVPost Newsletter: More on NIO's sub-brand; Lithium price falls below key level

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CnEVPost Newsletter: More on NIO's sub-brand; Lithium price falls below key level

Feb 22
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CnEVPost Newsletter: More on NIO's sub-brand; Lithium price falls below key level

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NIO's ALPS sub-brand will have its own sales channel and half as many models as NIO brand, report says

According to NIO's internal expectations, ALPS will have half the number of models than the main brand NIO, but will aim to achieve 50,000 units per month in sales, local media said.


NIO sees milestone of 10,000th battery swap completed in Europe

NIO now has 11 battery swap stations in Europe, with six more to open soon.


XPeng's Model Y rival could be named G6, more spy photos revealed

The model was previously seen as possibly being named G7 or G5, and could be unveiled at the Shanghai auto show in two months.


Mercedes-Benz launches EQS SUV in China with starting price of over $132,000

The EQS SUV is the latest offering from Mercedes-Benz in China, where it has previously released several all-electric models that have had lukewarm sales.


CPCA expects Feb NEV sales in China to grow 20% from Jan

Retail sales of new energy passenger vehicles in China are expected to be around 400,000 units in February, with a penetration rate of 29.6 percent, according to preliminary estimates by the CPCA.


Lithium carbonate falls below RMB 400,000 per ton as price drop shows no sign of stopping

Industrial-grade lithium carbonate prices in China today fell below 400,000 yuan ($58,000) per ton, a pullback of more than 30 percent from the November peak.


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CnEVPost Newsletter: More on NIO's sub-brand; Lithium price falls below key level

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