CnEVPost Newsletter: NIO Q3 earnings preview; Baillie Gifford says 'don't give up on China'
NIO Q3 earnings: What to expect - CnEVPost — cnevpost.com Deutsche Bank Edison Yu's team expects NIO to report revenue of RMB 9.33 billion in the third quarter, representing a 106.1 percent year-on-year increase.
Uxin ventures into used NEV business, starts offering NIO, Tesla models - CnEVPost Uxin is offering two NIO ES8s and one imported version of the Tesla Model 3 in its official app.
Baillie Gifford, which holds NIO, says 'don't give up on China' - CnEVPost NIO is one of the top 10 holdings of Baillie Gifford's Scottish Mortgage.
NIO's swap stations reach 608 - CnEVPost As of November 9, NIO has 608 battery swap stations and 460 supercharging stations providing 2,690 charging piles.
XPeng's new SUV said to be unveiled at Guangzhou Auto Show later this month - CnEVPost The new vehicle, positioned as a mid-size SUV, will be based on the same Edward platform as XPeng's flagship sedan P7, local media says.
A 26-year-old talks about what it's like to be a worker at XPeng's factory - CnEVPost This article from Jiemian.com tells what it's like for a young 26-year-old worker to work at the XPeng Motor factory.
Tesla China exec expects to see models designed entirely by local team in near future - CnEVPost Tesla's Grace Tao says that in the near future, it may be possible to witness Tesla models designed and manufactured entirely by Chinese teams on Chinese roads.
Tesla Model Y third best-selling NEV model in China in Oct - CnEVPost Tesla Model Y sold 13,303 units in China in October, and Model 3 sold 422 units.
BYD closes private placement of additional shares in Hong Kong, securing $1.77 billion in funding - CnEVPost BYD's shares traded in Hong Kong rose 3.36 percent to HK$314.2 as of press time, and it is up about 26 percent in the past month.
FAW-Volkswagen's ID. series sold 5,684 units in Oct, up 11% from Sept - CnEVPost FAW-Volkswagen's ID. lineup, which includes the ID.4 CROZZ and ID.6 CROZZ, has sold more than 20,000 units since their launches.
Evergrande's Hengchi 5 completes key regulatory process - CnEVPost The Hengchi 5 has appeared in the regulator's latest catalog, signaling that the model will soon be available to consumers.
Great Wall Motor's Ora brand sold 13,235 vehicles in Oct, up 65% from a year earlier - CnEVPost The Ora Good Cat sold 7,845 units in October, up 54.3 percent from September and a single-month sales high.
In late 2019, NIO Capital, the venture capital arm of NIO, had said it had invested in Pony.ai.
Guangdong to ease car license quota limits in Guangzhou, Shenzhen - CnEVPost The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locally.