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CnEVPost Newsletter: NIO plans early redemption of convertible notes; Deutsche Bank introduces new 'Fab 5'
NIO plans early redemption of convertible senior notes due 2024 - CnEVPost — cnevpost.com NIO plans to redeem early convertible senior notes due 2024 in what appears to be a technical move on the financial side.
Deutsche Bank introduces new 'Fab 5' of Chinese EV startups - CnEVPost Edison Yu's team has updated their list of Chinese EV startups they are bullish on, dropping WM Motor and adding Zeekr and Hozon Auto.
BYD sold record 93,945 NEVs in Dec, up 225.7% year-on-year - CnEVPost BYD sold 48,317 all-electric passenger vehicles and 44,506 plug-in hybrids in December.
BYD Han family sold 13,701 units in Dec with Han EV exceeding 10,000 for second straight month - CnEVPost This is the fourth consecutive month that Han family models have sold more than 10,000 units, bringing full-year 2021 sales to 117,665 units.
BYD Dolphin sold 10,016 units in Dec, up 13.7% from Nov - CnEVPost This is the first time the BYD Dolphin model has sold more than 10,000 units in the five months since its launch, with cumulative sales of 29,598 units since August.
Tesla China expected to sell over 60,000 units in Dec, report says - CnEVPost If December sales were 60,000 units, Tesla China would have sold 167,250 units in the fourth quarter, accounting for 54 percent of its global deliveries.
Tesla beats expectations with record 308,600 global deliveries in Q4 - CnEVPost The delivery figure was well above analysts' expectations of 263,000 vehicles.
Chinese EV startup Aiways sees management overhaul, with former NIO exec as CEO - CnEVPost Former NIO executive Zhang Yang has started as CEO of Aiways, and his experience at NIO is expected to help turn around the company's current weak performance.
Arcfox delivered 1,186 vehicles in Dec, up 696% year-on-year - CnEVPost For the full year of 2021, Arcfox delivered 4,993 vehicles, it said.