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CnEVPost Newsletter: NIO named most promising new brand; XPeng HK trading date
"NIO, founded in 2014, is BrandGrow's Most Promising Emerging Brand for Growth in 2021 with a brand potential asset value of 736.1 billion yuan."
NIO Power to celebrate its third anniversary next week with over 3.4 million services provided - CnEVPost The third anniversary of NIO Power is three days away, when more detailed operational data from NIO on the system is expected to be available.
XPeng is expected to announce on July 6 the number of placements received by investors, who can then trade on the grey market from 16:15-18:30 Beijing Time on the same day.
XPeng's Hong Kong share offering fully subscribed - CnEVPost The Hong Kong stock offering of Chinese electric vehicle company XPeng Motors has been fully subscribed, IFR reported at noon local time. XPeng's Hong
The estimated delivery time for the Model 3 in China is 6-8 weeks, a significant extension from the previous 1-3 weeks.
Li Auto sets up new sales company in Guangdong - CnEVPost Li Auto recently established a new auto sales company in Dongguan City, Guangdong Province in southern China, with a registered capital of 10 million
"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.
BYD adds DM-i powertrain production line with capacity of 500,000 units per year - CnEVPost The popularity of DM-i technology caught BYD off guard, and delays in order deliveries have put the company under pressure. Now, to boost production capacity, BYD is building a new production line.
Renesas' fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears - CnEVPost Good news for the global automotive industry hit by a global chip shortage.
Geely drops plan to list on A-share STAR market - CnEVPost Geely said Friday it withdrew plans to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, becoming the latest car company to do so after WM Motor.
Geely sets headquarters for its premium EV brand Zeekr in Ningbo - CnEVPost Geely has had a close relationship with Ningbo for a long time, as the launch of the Zeekr 001 was held at the Zeekr Smart Factory in Ningbo's Hangzhou Bay New District.
Chery to develop smart car solutions with self-driving chip maker Horizon Robotics - CnEVPost Horizon Robotics, a Chinese artificial intelligence chip startup that recently started supplying self-driving chips to Li Auto, has attracted a lot of cooperation from car companies.
China makes world's first 120-ton pure electric mining dump truck with CATL batteries - CnEVPost The electrification of vehicles in China is touching almost every possible area.
FF is an electric car company founded by Jia Yueting, an entrepreneur who filed for bankruptcy in the US in October 2019 after accumulating billions of dollars in personal debt.