CnEVPost Newsletter: NIO rumored to be planning to build plant in Hungary to make swap stations

NIO rumored to be planning to build plant in Hungary to produce chargers and swap stations - CnEVPost — cnevpost.com NIO's move in Hungary is to meet its need to build battery swap stations in Europe, local media said, citing an unnamed insider at the company.

Guest Post: Will June be the start of problem-free months for NIO? - CnEVPost For 3 years what could have gone wrong, went wrong – now we come to June  2022.

XPeng making bold strategic pivots that should bear fruit longer term, says Deutsche Bank - CnEVPost XPeng's management is repositioning its vehicle lineup to surgically go after the premium market, according to Edison Yu's team.

BYD sells 114,943 vehicles in May, surpassing 100,000 for third consecutive month - CnEVPost From January to May, BYD has sold more than 500,000 vehicles, up about 350 percent from just over 100,000 in the same period last year.

BYD May sales breakdown: Han at 23,934 units, Dolphin at 6,430 - CnEVPost BYD's Han DM series sold 11,250 units in May, while Han EV was 12,684 units.

Tesla's entry-level Model 3 delivery time extended to up to 24 weeks in China - CnEVPost Chinese consumers who order the entry-level Model 3 now won't get deliveries until at least the end of October.

Deutsche Bank on China EV deliveries in May: Recovery getting some traction - CnEVPost Chinese EV makers are expected to see a material improvement in deliveries in June as work and production resume in Shanghai, according to Edison Yu's team.

Geely subsidiary Geespace launches first nine satellites for services including autonomous driving - CnEVPost These first satellites are part of a planned constellation, the Geely Future Mobility Constellation, which will consist of 240 satellites.

Lotus Eletre 'Hyper-SUV' debuts in China and opens for pre-orders - CnEVPost Lotus will open about 50 sales and service stores in about 20 cities in China and build its own high-end fast-charging stations.

Wuling's first global EV model, Air EV, debuts in Indonesia - CnEVPost The Air EV will be launched globally in the second half of this year and will accelerate the expansion of Wuling's NEVs in overseas markets, SAIC-GM-Wuling said.