CnEVPost Newsletter: NIO Q2 earnings preview; NIO Day 2022 host city confirmed

NIO Q2 earnings preview: Will this be last reset before product super cycle hits full stride? - CnEVPost — cnevpost.com Edison Yu's reiterated NIO as their top pick for China electric vehicles and kept Buy rating for the stock.

NIO Day 2022 to be held in Hefei, home of NIO plants - CnEVPost NIO's NeoPark plant will start production of a second new model as soon as the second half of next year, which is scheduled to be launched at NIO Day at the end of this year, the company's president Qin Lihong said last week.

BYD's Q2 net profit soars 245% from Q1 to about $400 million - CnEVPost BYD reported basic earnings per share of RMB 1.24 in the first half of the year, which was at the upper end of the previously previewed range of RMB 0.96 to RMB 1.24.

Over 5 million vehicles have been powered by CATL batteries - CnEVPost One out of every three new NEVs added worldwide is loaded with the CATL's batteries.

Leapmotor passes HKEX IPO hearing, to officially launch C01 sedan on Sept 28 - CnEVPost The C01 Pro+ performance version boasts the fastest acceleration of any EV model in its price range, going from 0 to 100 km/h in 3.7 seconds, according to its latest prospectus.

Changan's chairman calls on China to set timeline to stop selling gas-powered vehicles - CnEVPost Chinese authorities and the auto industry should study the timing of the phase-out of conventional fuel vehicles to guide automakers and society in an orderly transition to new energy sources, he said.