CnEVPost Newsletter: NIO CEO's internal speech; China NEV insurance registrations
Internal speech: William Li on NIO's new businesses, and why it's on right side of trend - CnEVPost — cnevpost.com People who originally drove BMWs won't go back to buying BMWs after buying NIO vehicles. That is the trend, Li said, adding that NIO is on the right side of the trend.
NIO aims for next-gen models to hit US market - CnEVPost "We can't let the people who are learning from us run faster than us," William Li said.
NIO partners with Tencent to expedite smart driving R&D - CnEVPost Tencent will provide support for the large-scale data storage, computing and model training needed to take NIO's autonomous driving technology from development to operation.
Li Auto to report Q3 earnings on Dec 9 - CnEVPost Previously released data has shown that Li Auto delivered 26,524 vehicles in the third quarter, below the guidance range of 27,000 to 29,000 vehicles.
Tesla working on revamped Model 3, with production at Shanghai plant set to begin in Q3 2023, report says - CnEVPost Tesla is working on a redesign of the Model 3 codenamed "Highland," with a focus on reducing the number and complexity of the model's interior, according to Reuters.
China NEV insurance registrations in 4th week of Nov: BYD 38,480, Tesla 16,121, NIO 3,759 - CnEVPost NIO vehicles registered 3,759 insurance units in the fourth week of November, compared to 2,852, 3,124 and 3,325 units in the previous three weeks.
Baidu aims to build world's largest fully driverless ride-hailing service area in 2023 - CnEVPost Baidu said it plans to scale up Apollo's operations and launch fully unmanned self-driving services in more regions in 2023.
Sodium-ion batteries expected in EVs with ranges of up to 500 km, CATL exec says - CnEVPost A CATL executive's words imply that initial sodium-ion batteries used in production vehicles may not abandon the use of lithium altogether, but rather a mix of the two.