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CnEVPost Newsletter: NIO makes new push on European expansion; Ford Mustang Mach-E production impacted by Covid
NIO invites overseas landowners to become partners in building swap stations - CnEVPost — cnevpost.com "Right now, we're scouring Norway, Denmark, Sweden, Germany, and the Netherlands for suitable locations to establish our NIO Power Swap stations," NIO said.
NIO's battery swap network now covers major highways in eastern Shandong province - CnEVPost As of December 30, NIO had 756 battery swap stations in China, 203 of which are located along highways.
XPeng says its models face insurance cost hikes of no more than 20% - CnEVPost The average insurance cost quoted for XPeng's flagship sedan, the P7, rose 18.2 percent from RMB 5,600 to RMB 6,622.
Ford Mustang Mach-E production in China impacted as Covid lockdown in Xi'an affects battery supply - CnEVPost This comes just four days after deliveries of the Ford Mustang Mach-E to the first Chinese buyers began on December 26.
CATL to build new battery making projects with up to $3.8 billion investment - CnEVPost This is the seventh to tenth phase of CATL's Yibin manufacturing base, with a planned site area of approximately 2.13 million square meters.
CATL continues to dominate global EV battery market with 31.8% share in Jan-Nov - CnEVPost CATL's share was 11.3 percentage points higher than second-place LG Energy Solution's 20.5 percent.
Evergrande reportedly sees first production vehicle of Hengchi 5 roll off line - CnEVPost That's 12 days earlier than originally planned, and Evergrande will hold an official roll-out ceremony for its first vehicle in early January next year, local media said.