CnEVPost Newsletter: NIO ET5 begins to attract potential Zeekr buyers; CATL eyes battery swap business

NIO ET5, which aims to take on BMW 3 Series and Tesla Model 3, has started to attract potential Zeekr buyers - CnEVPost — cnevpost.com Many consumers who had reserved the Zeekr 001 have switched to the ET5, according to local media.

NIO says recent job postings in US normal practices - CnEVPost NIO says it has had a software development team in San Jose, US, since its inception and that the recent job postings are normal hiring practices.

XPeng offers G3i buyers two new options - CnEVPost XPeng has added 520G+ and 520N+ versions to the G3i model, and the lower-priced 520G and 520N models were showing no inventory at this time.

XPeng said to add CALB as its new battery supplier despite pressure from CATL - CnEVPost An XPeng source has hinted that the report is true, saying that the supply chain of components for vehicle production needs to be continually improved.

BYD officially announces its smart driving joint venture with Momenta - CnEVPost Momenta, an industry-leading autonomous driving company, will further boost the rapid breakthrough and mass production of BYD's smart driving technology, said BYD.

CATL signs deal with Guizhou province to jointly build battery swap network - CnEVPost CATL, China's largest power battery giant, is getting involved in building a battery swap network itself.

Pony.ai to form JV with Sinotrans to focus on self-driving truck business - CnEVPost

The joint venture is expected to be officially launched by early 2022, with an initial fleet of more than 100 smart-driving heavy trucks.

Evergrande sees first trial vehicle roll off production line - CnEVPost A Hengchi 5 trial production vehicle has rolled off the line, marking an important development in Evergrande's car-making business.

Baidu CEO says JiDU's first robot car will be delivered in 2023 - CnEVPost JiDU Auto will unveil its first concept robot car in the first half of 2022, with mass production and delivery in 2023.

Ford finally starts delivering Mustang Mach-E in China after long wait drove away some potential buyers - CnEVPost Ford delivered the first Mustang Mach-E vehicles on December 26 to owners who reserved the model at the Shanghai Auto Show in late April.

Chinese drone maker DJI says its automotive team nears 1,000 people - CnEVPost Volkswagen China is working with DJI to develop advanced assisted driving features, according to the China Securities Journal.

IM Motors sees 200 Beta units of its first model, the L7, roll off line - CnEVPost By the end of February 2022, IM L7 test cars will begin to be available in sales stores, and interested consumers will be able to take a test drive in early March.

China's auto market to open further to foreign investment as new rules set to go into effect in Jan - CnEVPost For more than two decades previously, China has had strict restrictions on the share ratios of Chinese and foreign joint ventures in automobiles.

Chinese securities regulator drafts rules to facilitate offshore listings of local companies - CnEVPost China will keep its offshore financing channels open and provide clear, transparent and actionable rules for companies to list abroad, the CSRC said.