CnEVPost Newsletter: NIO launches ES7, the event is more important than the vehicle

NIO perfectly solves dilemma that none of its peers could have done with ES7 launch event - CnEVPost — cnevpost.com Launching new products and making massive upgrades to existing ones is a dangerous thing for an automaker to do. Yet NIO navigates well from that position.

NIO ES7 launch event: Live updates - CnEVPost CnEVPost is reporting on the NIO ES7 launch event in live text stream, with the latest content being featured at the top.

NIO exec shares images of ES7 ahead of official launch - CnEVPost The images make the NIO ES7 significantly more attractive than those shown in previous regulatory filings.

NIO's product supercycle looks intact, says Deutsche Bank - CnEVPost "Looking ahead, we can envision the stock outperforming in the 2H of the year at the very least on a relative basis," Deutsche Bank analyst Edison Yu's team said.

NIO opens up 11.6% in Hong Kong as ES7 launch looms - CnEVPost NIO opened up 11.61 percent to HK$148, recovering losses from the past two days. The company's US-traded shares rose 16.7 percent to $18.66 overnight.

BYD sees first production lines open at its battery facility in Shaoxing, East China - CnEVPost The first phase of the site will have an annual capacity of 15 GWh of power cells for BYD's DMi series.

Hanma, controlled by Geely, will stop production of ICE vehicles in December 2025 to focus on NEVs - CnEVPost Hanma's Shanghai-traded shares rose by the 10 percent daily limit Wednesday, bringing its cumulative gain since the April 27 low to 50 percent.

Further Reading: How does Shanghai's auto market fare after life returns to normal from Covid? - CnEVPost NIO's ET7 seems to be continuing to draw Shanghai customers to its stores, while WM Motor, Volkswagen, Toyota, GM, and GAC Aion are seeing fewer visitors in their stores.