CnEVPost Newsletter: NIO, goal achieved

NIO reaches 700 swap stations goal ahead of schedule - CnEVPost — cnevpost.com To date, NIO has provided 5.3 million swaps for users in China, and 42.34 percent of users have at least one battery swap station within 3 km of their homes.

CICC says battery swap model has broad growth prospects - CnEVPost According to CICC, a daily service count of 100 may be the break-even point for swap station operators, and a daily service of more than 160 would allow them to make good profits.

NIO, XPeng to help Volkswagen cut carbon emissions in Europe - CnEVPost For the first time, NIO and XPeng are joining Volkswagen's EU CO2 pool in 2021 and 2022 to help the automotive giant cut its average CO2 emissions.

Lithium supplier Ganfeng unveils its first-gen solid-state battery - CnEVPost Dongfeng Motor's E70 model will be the first to use the battery and is expected to be delivered before the Chinese New Year, which arrives in early February.

CATL expands its share of China's power battery market to 55% in Nov - CnEVPost From January to November, CATL's installed base was 65.93 GWh and its market share was 51.4 percent.

China sold 450,000 NEVs in Nov, CAAM data show - CnEVPost China's NEV sales from January to November were 2.99 million units, up 166.8 percent year-on-year, the data showed.

LFP battery installations in China surpass ternary batteries for fifth consecutive month - CnEVPost From January to November, the cumulative installations of LFP batteries was 64.8 GWh, also surpassing the 63.3 GWh of ternary materials for the first time.

Chinese EV startup Neta gets about $310 million credit line from local bank - CnEVPost The funds will be used primarily for the development of its smart cockpit and smart driving technologies, and the construction of the sales and service systems.