CnEVPost Newsletter: NIO's next stop overseas; Lower-priced Model Y in China
NIO's next stop overseas could be Germany as it's hiring general manager for local operations - CnEVPost — cnevpost.com With NIO's vehicle deliveries in Norway expected to begin in two months, speculation has begun as to where its next stop overseas might be, and Germany has come into sight.
Founder of NIO, Tesla battery supplier CATL now richer than Alibaba's Jack Ma - CnEVPost In the past three months, CATL has gained about 80 percent, while Alibaba has fallen about 10 percent. In the last 2 years, CATL's share price has risen by more than 660 percent.
NIO, XPeng, Li Auto: Which cities are their consumers from? - CnEVPost Shanghai contributes 24 percent of NIO's sales in January-May. It is followed by Beijing with 8 percent, Hangzhou with 7 percent, Guangzhou with 5 percent, and Shenzhen with 5 percent.
XPeng, NIO most popular NEV brands in China's used car market, says report - CnEVPost Tesla, WM Motor, and BAIC BJEV were ranked 3 to 5 respectively.
XPeng to be included in HK Hang Seng indexes, effective July 21 - CnEVPost XPeng Motors, listed in Hong Kong on July 7, will soon be included in the Hang Seng indexes, which is expected to see an inflow of passive investment funds tracking them.
XPeng reportedly has decided on site for Wuhan production facility - CnEVPost The site for XPeng's production base in Wuhan was confirmed in late June when it bought an industrial site in Wuhan Economic and Technological Development Zone for RMB 212.51 million ($32.9 million).
XPeng establishes car sales company in Sanya - CnEVPost XPeng Motors established a new car sales company in Sanya, Hainan Province, southern China, on July 7, with registered capital of RMB 10 million ($1.55 million), according to data provider Qichacha.
Tesla starts offering lower-priced standard range Model Y in China - CnEVPost Tesla's China website today officially launched the Model Y Standard Range Edition, which is available for pre-order starting immediately at a starting price of RMB 276,000 ($42,650), lower than the previous lowest-priced model at RMB 347,900.
Tesla China's wholesale sales in June reached 33,155 units, up about 122% from a year earlier - CnEVPost Tesla China retail sales in June were 28,138 units and exports were 5,017 units, the CPCA said.
Tesla Shanghai Gigafactory phase 1 completed, new lower-priced model may be coming to mass production - CnEVPost The first phase of Tesla's Shanghai Gigafactory project has been fully built, Beijing News said Wednesday, adding that it could mean the company's new lower-priced models will begin mass production.
BYD expects to see 100,000th Han model roll off line on July 15 - CnEVPost As BYD is about to celebrate the first anniversary of Han's launch, the company expects to see the model's 100,000th unit roll off the line on July 15.
Huawei, SAIC-Volkswagen launch simulation platform that can accelerate autonomous driving development - CnEVPost It can be applied to scenarios including automotive and aerospace manufacturing industries and is the first of its kind to be applied at scale in China's automotive industry.
GAC says its superfast charging technology to be mass-produced this year - CnEVPost Among them, 3C high rate fast charging can achieve 0 percent-80 percent charge time of 16 minutes and 30 percent-80 percent charge time of 10 minutes.
Baidu expects to launch car that looks more like robot in 2-3 years, CEO says - CnEVPost "We feel that smart cars will be more like smart robots in the future, or vice versa, which means that the mainstream direction of robots in the future will be more like a smart car."
Baidu aims to bring cutting-edge AI technology to auto market in first place, CEO says - CnEVPost Baidu has been developing self-driving technology since 2013, and Jidu Auto, which was announced in January this year, carries Baidu's car-making plans, Baidu CEO Robin Li said Wednesday.
Dongfeng Motor's IGBT module goes into production - CnEVPost As the "CPU" in new energy vehicles, IGBT is regarded as the core technology peak of new energy vehicles due to its difficult technology and a large investment.
Chinese firm unveils model that allows users to adjust number of battery packs - CnEVPost When people think of an electric vehicle with extended-range technology, they think of a vehicle with a fuel engine to provide more range. Now, a Chinese company has unveiled a model that allows users to get extra range by increasing the number of battery packs.
China's retail sales of new energy passenger vehicles reached 223,000 units in June, up about 170% from a year earlier - CnEVPost — cnevpost.com Wholesale sales of new energy passenger vehicles in China reached 227,000 units in June, up 14.7 percent from May and 165.7 percent year-over-year.
China completes first stage of standards for smart connected vehicles - CnEVPost During the 14th Five-Year Plan, China will further optimize and improve the standard system for smart connected vehicles and accelerate the construction of a standard system for high-level autonomous driving, CCTV said.