CnEVPost Newsletter: NIO ET7 sets sail for Europe

First batch of NIO ET7 sedans leave China port for Europe - CnEVPost — cnevpost.com The NIO ET7 will be open for pre-order for consumers in countries including Germany, the Netherlands, Denmark, Sweden and Norway, and deliveries will begin this year.

NIO pushing forward overseas an underappreciated aspect of long-term growth prospects, says Deutsche Bank - CnEVPost NIO will host an official launch event in Europe in September or early October with founder, chairman and CEO William Li attending in person, according to Edison Yu's team.

Largest US pension keeps positions in NIO and XPeng largely unchanged in Q2, increases bet on Li Auto - CnEVPost The CalPERS opened a position in NIO in the first quarter of 2019, when it bought 140,451 shares. NIO went public in the US on September 12, 2018.

Power crunch: How NIO's swap stations help reduce grid peak load - CnEVPost This summer, a total of 108 NIO battery swap stations participated in peak load reduction initiatives in their cities.

NIO to put swap stations with ability to discharge to grid into trial operation - CnEVPost NIO's third-generation battery swap stations are nearing the end of development and are being tested and will be introduced in detail by the end of the year or early next year, the company said earlier.

Li Auto partners with AR firm Leiniao as NIO-backed Nreal nears product launch - CnEVPost Starting August 25, Leiniao Air XR glasses will be available on Li Auto's online store, and on August 23, Nreal will hold its first AR glasses launch in China.

BYD aims to have 100 dealership stores in Japan by 2025 - CnEVPost BYD will sell cars in Japan through a dealer network rather than directly operated stores, because the former is the way Japanese consumers are most familiar with, an executive said.

Leapmotor's Hong Kong IPO gets mainland regulatory green light - CnEVPost Leapmotor applied to list in Hong Kong on March 17, and its prospectus shows it plans to launch eight new models by the end of 2025.

Great Wall Motor's Haval brand to stop selling ICE vehicles in 2030 - CnEVPost The Haval H6 was China's best-selling SUV for the past several years, but it has now been dethroned by BYD's Song.

China's Hainan to completely ban sales of ICE vehicles by 2030 - CnEVPost By 2030, 100 percent of new and replacement vehicles in the private sector in Hainan will be NEVs.

China imports lithium carbonate in July at about 10 times price of same month last year - CnEVPost Lithium resources are sufficient and the Chinese NEV market will not be materially affected by lithium prices in the coming months, according to CPCA secretary-general.