CnEVPost Newsletter: NIO begins deliveries of ET5; Li Auto officially launches Li L8

NIO begins deliveries of its highly anticipated sedan, ET5 - CnEVPost — cnevpost.com NIO has not announced the number of first deliveries of the ET5, and they are expected to be known tomorrow in the company's expected release of September delivery figures.

NIO ET7 configurator goes live in Norway, priced lower than in China - CnEVPost The NIO ET7 is priced slightly lower in Norway than in China, demonstrating the electric vehicle maker's commitment to expanding into the local market.

NIO enters race for lithium with Australian investment - CnEVPost The electric vehicle maker will pay $7.7 million up front and up to $80 million more for a stake in an Argentine mining project in its tie-up with Greenwing Resources.

Li Auto officially launches Li L8, starts taking pre-orders for Li L7 - CnEVPost Deliveries of the Li L8 will begin in November, and the Li L7 will be officially unveiled in November and deliveries will begin in February 2023.

Tesla rumored to dramatically cut prices of Model 3 and Model Y in China - CnEVPost Tesla's main selling model in China, the Model Y, is expected to see a price cut of up to RMB 40,000 ($5,616), bringing the starting price of the rear-wheel drive version of the Model Y down to possibly RMB 270,000 to 290,000, according to local media.