CnEVPost Newsletter: NIO ET5 pre-order volume; ES8 with LiDAR spied

NIO ET5 has accumulated nearly 200,000 pre-orders, report says - CnEVPost — cnevpost.com The figure is a projection by NIO's sales staff based on the number of the company's sales outlets in China and the average number of orders received per person, according to local media.

Spy photos show NIO testing SUV suspected to be new ES8 with LiDAR - CnEVPost NIO will transform its existing 866 models into its new NT 2.0 platform next year, which will boost sales in the second half of 2023, according to Deutsche Bank analyst Edison Yu's team.

NIO's new patent hints it could launch models with electric rear wing - CnEVPost The device not only makes the vehicle look better, but also reduces wind resistance and enhances rear wheel grip and vehicle steering performance, the patent's description document shows.

Li Auto begins deliveries of its second model Li L9 - CnEVPost Since opening for test drives on July 15, more than 120,000 consumers have experienced the Li L9 in depth with their families, according to Li Auto.

Ex-Huawei exec reportedly joins Li Auto to speed up automaker's chip development efforts - CnEVPost NIO's chip R&D team has also poached many people from Huawei, Alibaba's Damo Academy, and Nvidia, and has a clear tape-out plan, according to local media.

Berkshire sold 1.33 million shares of BYD traded in Hong Kong on Aug 24 - CnEVPost Following the move, Berkshire Hathaway's stake in BYD fell from 20.04 percent to 19.92 percent.

BYD earnings beat expectations, here's what analysts say - CnEVPost An increase in vehicle prices and an upward pivot in its product sales mix are seen as the main reasons why BYD beat earnings estimates in the second quarter.

Chengdu auto show ends early due to local Covid controls - CnEVPost The Chengdu auto show, scheduled to last 10 days, has been halted after four days due to local Covid control policies.

Hongguang Mini EV convertible version to go on sale in China on Sept 1 - CnEVPost The model comes in blue, green and black and the first open sales will be on a first-come, first-served basis.

Sinopec builds supercharging station capable of charging 24 EVs simultaneously - CnEVPost When the second phase of the site is completed, the number of charging spaces will be doubled to 48, and there will be a battery swap station.