CnEVPost Newsletter: NIO considers buy option in Europe; XPeng warms up for 1024 Tech Day

NIO considering offering buy option in Europe, says president - CnEVPost — cnevpost.com Qin Lihong mentioned this in the NIO App in response to a user suggestion that NIO should offer consumers an additional option in Europe.

XPeng starts warming up for 1024 Tech Day - CnEVPost At next Monday's Tech Day event, XPeng is expected to unveil new developments in the areas of assisted driving, smart interactions, smart robotics, and flying cars.

BlackRock reduces holdings in BYD H shares - CnEVPost BYD said the move was a free choice for its shareholder and that the company had tried to communicate with BlackRock but did not receive any substantive information.

BYD partners with local bank to provide auto financing in Brazil - CnEVPost BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year.

BMW to expand its battery production facility in China, report says - CnEVPost The battery production center is BMW's third in the world and its first outside Germany.

IM Motors to launch performance version of L7 electric sedan this year - CnEVPost IM Motors said the L7 Snake Performance, built by the company's performance division, will deliver a better handling experience.