CnEVPost Newsletter: NIO owner drives ET7 to Mount Everest; CCTV highlights long wait times for NEVs

NIO ET7 owner drives electric sedan to Mount Everest base camp - CnEVPost — cnevpost.com The NIO ET7 owner experienced a flat tire on the way and also had the battery swapped in Lhasa.

NIO may unveil interior of ET5 production car at Chengdu auto show in late August, report says - CnEVPost Deliveries of the NIO ET5 are expected to begin in September, and the model's first tooling trial builds rolled off the production line at the end of April.

NIO reaches 1 million battery swap services in Beijing - CnEVPost To date, NIO has 75 battery swap stations and 114 charging stations in Beijing.

NIO completes first swap station featuring users' painting ideas - CnEVPost The battery swap station is the first to be built since NIO entered into a partnership with the Shangri-La Group and is located in the parking lot of a Shangri-La hotel in Beijing.

CCTV report highlights long delivery cycles for NEVs in China, NIO and BYD featured - CnEVPost In June and July, NIO stores saw significant increases in traffic and orders, making it difficult to meet delivery demand, according to an executive at the EV maker.

Sinopec's first swap station for heavy trucks goes into operation - CnEVPost Sinopec aims to reach 5,000 charging and battery swap stations by 2025.

High temperatures could hit China's NEV sales in July, analysts say - CnEVPost China's NEV sales in June exceeded expectations and hit a record high, but recently the market began to worry about weakening demand in the first two weeks of July.

Shanghai's NEV penetration reaches 45.1% in H1, twice China's average - CnEVPost As a comparison, China's NEV penetration rate was 24 percent in the first half of the year.

China's NEV industry currently immune to inflation, analysts say - CnEVPost High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and aluminum.