CnEVPost Newsletter: NIO launches process to select city for NIO Day 2022

NIO launches process to select city for NIO Day 2022 - CnEVPost — cnevpost.com NIO Day 2022 is expected to take place between December 1, 2022 and January 15, 2023.

BYD reportedly plans to develop smart driving chip - CnEVPost BYD's smart driving chip could tape out by the end of the year at the earliest, according to local media.

Goldman Sachs expects BYD's profitability to continue to expand in H2 - CnEVPost Goldman Sachs maintains BYD's shares traded in Hong Kong on its Conviction Buy list with a price target of HK$405.

BYD's profit per vehicle estimated to be up to $1,170 in Q2, analysts say - CnEVPost BYD earned an average profit of RMB 5600-7900 ($1,170) per vehicle in the second quarter, up from RMB 2400 in the first quarter, analysts said.

Tesla contributes half of all NEV exports from China in H1 - CnEVPost Of the 202,000 NEVs exported from China in the first half of the year, Tesla contributed 97,182, or 48 percent.

Tesla adds 32 Supercharger stations in Chinese mainland in June - CnEVPost Tesla has opened more than 1,200 Supercharger stations in the Chinese mainland, offering more than 8,700 Superchargers.

Xiaomi to unveil engineering prototype of its first model in August, report says - CnEVPost At a public event in August, Xiaomi founder Lei Jun will have an engineering prototype of the company's first model unveiled, according to local media.

BAIC BluePark plans to raise up to $1.2 billion via new share offering - CnEVPost BAIC BluePark said in an earnings preview on Thursday that it expects a net loss of RMB 1.8 billion to RMB 2.2 billion for the first half of the year.

Volkswagen expects ID. series EVs to deliver 15,000-20,000 units per month in China in H2 - CnEVPost Volkswagen's ID. series delivered 17,600 units in China in June, up 107 percent from May.