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CnEVPost Newsletter: NIO's Norway swap station launch goes viral; China's NEV tax incentive expected to continue
NIO's Norway swap station launch event goes viral in China, unexpectedly, and hilariously - CnEVPost — cnevpost.com The videos about the event were widely shared in many chat groups and on Chinese social media.
Volvo exec reportedly to join NIO to lead its German market expansion - CnEVPost Volvo's director of commercial operations in Germany will join NIO in March as the Chinese EV carmaker's general manager for the German market, German media reported.
NIO's BaaS model could become mainstream option for battery swap players, says CITIC Securities - CnEVPost CITIC Securities expects China to add more than 10,000 battery swap stations a year by 2025, bringing the total to more than 30,000.
Chinese EV brand HiPhi accuses Renault of trademark infringement - CnEVPost HiPhi argues that the close resemblance between Renault's icon and HiPhi's icon has created some uncertainty about its brand development, and European business expansion plans.
Zeekr opens R&D center in Shanghai with target team size of 1,500 - CnEVPost Zeekr's Shanghai R&D center will have a team size of about 1,500, with core business covering smart cockpit, digital cockpit, and software electronics.
The model will begin road testing in China this year and enter the daily operation of self-driving mobility services in the first half of 2023.
Pony.ai has begun road testing with the Nvidia DRIVE Orin, and the new computing unit will begin mass production by the end of 2022.
WM Motor said to have suffered another fire accident - CnEVPost At the end of December last year, WM Motor's EX5 model had a fire accident every day for three days in a row.
Chinese lithium giant Tianqi Lithium said to be preparing for up to $2 billion HK listing - CnEVPost Tianqi Lithium's listing could take place as soon as mid-2022 and could raise $1 billion to $2 billion, according to Bloomberg.
China's NEV purchase tax incentive, set to expire at year-end, expected to continue - CnEVPost A senior Chinese official said support policies, including the renewal of the purchase tax incentive for NEVs, need to be studied and clarified to stabilize market expectations.
Shenzhen brings new policy support for NEVs by offering free parking hours - CnEVPost From now until the end of next year, users of NEVs in Shenzhen will be able to enjoy at least one hour of free parking per day.