CnEVPost Newsletter: NIO further responds to short-selling report

NIO forms independent committee to oversee investigation into allegations in short seller report - CnEVPost — cnevpost.com The committee has retained independent professional advisors to assist in the investigation, including an international law firm and a leading forensic accounting firm, NIO said.

NIO CEO dismisses 'gambling agreement' with Hefei - CnEVPost NIO bought back shares from strategic investors in Anhui twice, in 2020 and 2021, and there is no such thing as a future "gambling" failure, CEO William Li said.

BYD's monthly production expected to reach about 300,000 units in August, report says - CnEVPost As of early July, BYD's cumulative order backlog has exceeded 700,000 units, according to local media.

CATL's share in China's EV battery market expands to 49.6%, BYD falls to 18.5% - CnEVPost CATL gained more share in June, as its major customers saw their output further return to normal.

Mercedes-Benz partners with Tencent to speed up self-driving technology in China - CnEVPost Mercedes-Benz and Tencent will establish a joint lab to speed up the German luxury carmaker's development of self-driving technology in China.

China's NEV sales reach record 596,000 units in June, CAAM data show - CnEVPost The CAAM said China's NEV sales are expected to reach 5.5 million units in 2022, up 56 percent year-on-year.

Tsinghua team develops super-long cycle life solid-state battery - CnEVPost The all-solid-state battery cells show excellent cycling performance, with 71 percent capacity retention even after 20,000 cycles.