CnEVPost Newsletter: NIO denies plans to build factory in Poland; Sub-brand to share swap stations
Exclusive: NIO denies plans to build factory in Poland - CnEVPost — cnevpost.com NIO told CnEVPost that the company has no plans to set up a factory in Poland and that a previously circulated job ad was a technical error.
NIO's sub-brand will share its swap stations, says CEO - CnEVPost Sharing battery swap stations between NIO and its sub-brand is just the beginning, and more brands will join in the future to form the "NIO Inside" system, an industry insider said.
The core objective of this phase is to make the production line capable of mass production, at the end of which the ET7 will officially enter the final mass production phase.
NIO establishes new sales company in Guangdong - CnEVPost The company is 100 percent owned by NIO Auto Sales & Service Co which now owns 54 sales companies.
NIO opens another line under Power Up Plan, third this week - CnEVPost This is the third power replenishment line NIO has opened this week under the Power Up Plan, and at least the 15th so far this year.
Li Auto posts Q3 revenue of $1.21 billion, beating expectations - CnEVPost Li Auto reported a net loss of RMB 21.5 million in the third quarter, narrowing by 80 percent from the same quarter last year and 91 percent from the second quarter.
Xiaomi to build plant in Beijing with annual capacity of 300,000 vehicles - CnEVPost The plant will be built in two phases, with an annual capacity of 150,000 vehicles in the first and second phases, respectively.
JiDU's first model to feature Qualcomm Snapdragon 8295 chip based on 5nm process - CnEVPost The Snapdragon 8295 chip has 30 Tops of NPU computing power for AI learning, which is twice that of Apple's A15 and 8 times that of the 8155 chip.
Gotion High-Tech to add board member from Volkswagen - CnEVPost This brings the two non-independent directors on Gotion High-Tech's board all from Volkswagen.
Gotion High-Tech responds after allegations of quality defects in battery cells - CnEVPost Gotion said the accident was caused by a problem with the battery pack's protective plate, which was sourced by its partner from another company.
Faraday Future says it's confident of filing compliance plan with Nasdaq in near future - CnEVPost Faraday Future said there is no real risk of a stock delisting as long as it resumes regular on-time SEC filings in a timely manner.
Faraday Future says it's 'definitely' on track to report earnings 'on time' - CnEVPost Faraday Future shares have fallen more than 30 percent since it announced on November 16 that it would delay its earnings report.