CnEVPost Newsletter: NIO rumored to speed up new model rollout; Tesla Shanghai gearing up for new Model 3 production
All of NIO's current ES8, ES6, EC6 inventory and show cars will be sold to one entity, followed by an all-out push for sales of models based on the NT 2.0 platform, according to local media.
Probably because of the heavy traffic in the area where the incident occurred, the female consumer mistook the accelerator pedal for the brake in a panic and caused the accident, local media quoted an NIO staff as saying.
Point72 increased its bet on NIO in the fourth quarter, re-bought Li Auto, but liquidated its position in XPeng.
Li Auto has previously released data showing it delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year and up 74.63 percent from the third quarter.
BYD will sell all-electric versions of its Tang SUV and Han sedan through seven dealers in Mexico in 2023, an executive said last year.
Tesla will halt some production at its Shanghai plant until the end of February in order to begin rolling out a revamped version of the Model 3 in the Chinese market, according to Bloomberg.
Much of this is likely due to a low base caused by last year's Chinese New Year holiday.
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