CnEVPost Newsletter: NIO's A-share listing rumor; Model Y massive orders
NIO reportedly to consider listing in China's A-share market - CnEVPost — cnevpost.com In addition to listing in Hong Kong, XPeng Motors and NIO are considering a third listing in China's A-share market in the future, the People's Daily-run International Finance Daily recently reported, citing unnamed sources familiar with the matter.
NIO names Long Yu, one of China's most influential businesswomen, as independent director - CnEVPost In December 2017, Long was named to the "25 Most Influential Women in Business in China 2017" list, sharing the honor with Peng Lei, Chairman of Ant Financial, Ge Yue, Vice President and Managing Director of Apple Greater China, and Liu Qing, President of Didi Chuxing.
Deutsche Bank says NIO Power Day reinforces EV maker's focus on improving charging infrastructure - CnEVPost Edison Yu's team said the NIO Power Day event reinforced the company's focus on quickly growing and improving its charging infrastructure as there are nearly 120,000 NIO vehicles on the road.
NIO's battery swap station supplier doubles first-half net profit - CnEVPost NIO's rapid battery swap station construction has brought benefits to its supplier.
NIO adds 4 new battery swap stations, bringing total to 308 - CnEVPost As of July 11, NIO has 308 battery swap stations, 210 superchargers, 387 destination charging stations, and access to more than 380,000 third-party charging piles in China.
XPeng cuts free charging benefits for new car buyers, effective Aug. 1 - CnEVPost XPeng announced Monday that it will reduce the 3,000 kilowatt hours per year of free charging it offers to customers to 1,000 kilowatt hours per year, effective Aug. 1.
XPeng wants G3i to be preferred affordable smart SUV for young people, says CEO - CnEVPost XPeng CEO He Xiaopeng said he wants the G3i to be the smart SUV of choice for young people priced under RMB 200,000 ($30,870).
Li Auto's retail centers reach 100 - CnEVPost By the end of 2021, Li Auto plans to have 200 directly operated retail centers, covering more than 100 cities in China, it said.
Model Y gets massive new orders in China after lower-priced version available - CnEVPost As every price cut it has made in China in the past, the lower-priced Model Y is sending a flood of orders to Tesla.
Tesla put two new V3 Supercharger stations into operation in China this past weekend - CnEVPost This past weekend, Tesla put two new V3 Supercharger stations into operation in the central Chinese cities of Yichang in Hubei and Pingdingshan in Henan province.
Geely exits as majority shareholder of its premium EV brand Zeekr - CnEVPost Geely has pulled out as the majority shareholder in its premium electric car brand Zeekr, potentially paving the way for the brand to be independently financed.
Chongqing Sokon sold 4,351 NEVs in June, up 112% from a year earlier - CnEVPost The Shanghai-listed company went up by the daily limit of 10 percent in early trading Monday, and has accumulated a 330% gain so far this year.
Chinese official media report highlights tight EV battery supply - CnEVPost Xpeng Motors CEO He Xiaopeng personally waited a week at CATL to get the needed battery supply, the report said, citing previous media reports.
CATL-backed giant lithium-ion battery energy storage station starts construction - CnEVPost Growing rapidly alongside China's new energy vehicle industry is the energy storage industry.
Power battery maker Eve Energy looks to gain greater say in upstream raw material supply - CnEVPost As China's power battery industry chain sees an intensive expansion period, Eve Energy hopes to extend its business to upstream raw materials by acquiring equity stakes.
China now has about 1.95 million charging piles, up 47% from a year ago - CnEVPost In June, the number of public charging piles in China increased by 39,000 units, up 65.4 percent year-over-year.
China speeding up policies on energy storage - CnEVPost The rapid development of China's new energy industry is driving demand for energy storage higher, and policymakers are accelerating the development of regulations for the industry.