CnEVPost Newsletter: NIO invites media to NIO Day; Cathie Wood buys more XPeng shares; Tesla China sales data released

NIO invites media to NIO Day 2021 to be held on Dec 18 - CnEVPost — cnevpost.com The theme of this year's NIO Day, "Hello World", is to embrace the ever-changing world with an open and inclusive mind, the company said.

NIO's swap stations reach 696 - CnEVPost As of December 8, NIO had 696 battery swap stations and 532 supercharging stations, providing 3,319 charging piles.

Cathie Wood buys more XPeng shares - CnEVPost ARKQ added 250,389 shares of XPeng ADRs so far this week, worth about $11.02 million.

XPeng president says threat of US delisting still 'several years away' - CnEVPost Brian Gu believes there is still time for the US and Chinese governments to reach a compromise.

XPeng to reduce benefits for car buyers as China's subsidies set to roll back next year - CnEVPost XPeng's three currently available models, the G3i, P5 and P7, will have their purchase benefits reduced by about half.

Tesla China wholesale sales in Nov were 52,859 units, up 145% year-on-year - CnEVPost Tesla China exported 21,127 units in November, meaning it sold 31,732 units in China itself.

Evergrande's car-making progress suffers new setback as its models disappear from regulatory list - CnEVPost Two of Evergrande's models appeared on the MIIT's list seeking public feedback early last month, but disappeared from the final list.

SAIC says Cadillac Lyriq has received nearly 5,000 pre-orders in China - CnEVPost The Lyriq opened for pre-sale in China on November 17 and is expected to be delivered in mid-2022.

SAIC's mobility services platform builds first Robotaxis using Momenta's technology - CnEVPost The first 20 Robotaxis, based on SAIC's Feifan-branded Marvel R electric SUV, were put into trial operation in Shanghai today.

Gotion High-Tech starts construction of 50-GWh battery project in Hefei - CnEVPost Gotion will build the project in two phases, with the first phase to be operational by the end of March 2023.

Chinese property developer Wanda taps Hyundai exec to head its auto business - CnEVPost Unlike its local counterpart Evergrande Group, which is directly involved in making cars, Wanda seems to be aiming at the car sales and service sector.

Great Wall Motor's Ora brand sold 16,136 vehicles in Nov, up 39% from a year earlier - CnEVPost The Ora Good Cat sold 8,855 vehicles in November, up 13 percent from 7,845 in October, a record for a single month.

Chinese self-driving startup DeepRoute unveils L4 self-driving solution that costs less than $10,000 - CnEVPost The solution performs better than Tesla's FSD and, most importantly, has the lowest price tag on record for the industry, DeepRoute said.

China's wholesale sales of passenger NEVs reached 429,000 units in Nov, CPCA data show - CnEVPost The penetration of NEVs in China was 20.8 percent of retail sales in November, compared to 13.9 percent in January-November.