CnEVPost Newsletter: NIO resumes showing ET5 wait time; BYD posts record sales

NIO resumes showing ET5 wait time, ES7 and ET7 get shorter - CnEVPost — cnevpost.com The latest wait time for the NIO ET5 is 13-15 weeks, down from the 21-23 weeks shown when this information was first available on September 16.

NIO's 1st swap station in Netherlands goes live - CnEVPost NIO has previously put battery swap stations into operation in Norway, Germany and Sweden.

Deutsche Bank China EV sales: NIO and Li Auto roar back on new product cycles - CnEVPost Fab 5 China EV sales came in stronger than expected as new product cycles at Li Auto and NIO really start to kick in, leading to record monthly volumes despite a weak macro backdrop, said Edison Yu's team.

Tesla offering Chinese consumers soft promise that if they order now, they'll get delivery this month - CnEVPost While the latest change appears to mean little change in wait times for Tesla models in China, the move is worth watching.

BYD sells 230,427 NEVs in Nov, up 5.8% from Oct - CnEVPost BYD sold 113,915 BEVs and 116,027 PHEVs in November.

BYD's new plant in Jinan, Shandong province starts production - CnEVPost The first phase of BYD's production base in Jinan went into operation with an annual capacity of 150,000 vehicles.

BYD reportedly developing LiDARs - CnEVPost BYD is increasing its investment in LiDAR research and development in order to secure core devices and ensure a safe and reliable supply chain, according to local media.

Evergrande NEV reportedly halts mass production of its only model due to lack of orders - CnEVPost Evergrande NEV has suspended mass production of its sole model, the Hengchi 5, due to a lack of sufficient new orders, according to Reuters.

Evergrande's EV brand Hengchi begins layoffs and salary cuts to cope with financial difficulties - CnEVPost Hengchi's previous staffing structure was based on the company's need to develop nine models simultaneously, according to local media.

World's first GWh-class sodium-ion battery production line sees first product off line - CnEVPost Hina Battery's production line, located in Fuyang, Anhui province, is the first phase of its 5 GWh project.