CnEVPost Newsletter: NIO has no plans to raise prices at this time, Q4 earnings due this week
NIO says it has no plans to raise prices at this time - CnEVPost — cnevpost.com Battery maker CATL is one of the largest shareholders of Mirattery, NIO's battery rental service joint venture.
NIO to report Q4 earnings this week, what to watch? - CnEVPost Deutsche Bank analyst Edison Yu's team lowered their price target on NIO from $70 to $50, maintaining a Buy rating.
NIO back above opening price in Hong Kong debut after V-shaped rebound - CnEVPost NIO has accumulated about 50 percent gains in Hong Kong since last Wednesday.
NIO opens new line under Power Up Plan, first in past two months - CnEVPost The line, which connects Taiyuan and Yuncheng in Shanxi province, covers more than 600 kilometers and is the third NIO has opened under the Power Up Plan this year.
NIO Capital closes new fund raising of about $400 million - CnEVPost NIO Capital has closed the second tranche of its US dollar fund, NIO Capital Eve ONE Fund II LP, for about $400 million, nearly twice the size of the first tranche.
NEV maker says CATL has raised battery prices twice since second half of last year - CnEVPost The cost of a NEV increased by RMB 10,000 ($1,570) after the last battery price hike, and rose by another RMB 10,000 not long ago.
SAIC's Rising Auto sees first major production milestone for its battery swap-enabled R7 SUV - CnEVPost Rising Auto unveiled the R7 on February 22, becoming the second carmaker after NIO to offer a battery swap-enabled model to the general public.
Volkswagen plans to set up JVs focused on nickel and cobalt production with two Chinese firms - CnEVPost Volkswagen plans to set up a joint venture with Huayou Cobalt and Tsingshan Group in Indonesia and a joint venture with Huayou Cobalt in Guangxi, China.
Chinese regulators express concern over rising EV battery material prices - CnEVPost Chinese regulators are asking industry players to step up efforts to secure supplies to better support the healthy development of China's strategic emerging industries, including NEVs.