CnEVPost Newsletter: NIO's swap stations reach 900; CATL's battery swap service officially launched

NIO's 900th battery swap station put into operation - CnEVPost — cnevpost.com To date, NIO has provided more than 8 million battery swap services, with 9 customers using the service more than 1,000 times.

NIO owns 63% of all battery swap stations in China - CnEVPost NIO, Aulton and Botan are the leading battery swap station operators in China, with 1,452 battery swap stations as of March.

NIO's William Li exits from exec team of affiliated firm of ride-hailing platform Dida - CnEVPost Dida filed to list in Hong Kong back in October 2020, but has so far been unsuccessful in doing so.

Guest Post: Covid skirmish ending? Key battles determining NIO share price loom - CnEVPost NIO is uniquely placed having both technology & premium luxury status.

Li Auto's first range extender for L9 rolls off line, capacity expected to be 80,000 units this year - CnEVPost The first phase of the range extender production project is planned to have a capacity of 200,000 units, and 388 prototypes have already been delivered to Li Auto.

Li Auto L9 has same size as Mercedes GLS, BMW X7 and half their price tag - CnEVPost With the upcoming launch of the new SUV L9, Li Auto and its supply chain are expected to be the "dark horse" of the year, a team of local analysts previously said.

Tesla says Shanghai plant resumption still under preparation - CnEVPost In a best-case scenario Giga Shanghai will reach pre-Covid outbreak capacity levels by mid-May, according to TF International Securities analyst Ming-Chi Kuo.

Renowned Apple analyst Ming-Chi Kuo reveals details of Tesla Shanghai plant's resumption plan - CnEVPost Tesla's Shanghai plant will resume production on April 18 at the earliest, and in a best-case scenario it will reach normal production levels by mid-May, according to Kuo.

Tesla's Shanghai plant will enter closed-loop production on April 17, report says - CnEVPost Only some employees are scheduled to return in the first "closed loop," which could last 10 to 20 days, according to a Bloomberg report.

BYD expects Q1 net profit to rise as much as 300% from a year ago - CnEVPost BYD's NEV sales have reached a record high, driving a significant improvement in earnings and somewhat hedging the pressure caused by rising raw material prices.

CATL's battery swap service begins operations, Xiamen first city to test waters - CnEVPost CATL has put four battery swap stations into operation in Xiamen, with the number expected to reach 30 in the city by the end of the year, and the monthly rent for a single battery block is RMB 399 ($62.6).

Jidu sets robot car concept unveiling for June, teases dual LiDAR solution - CnEVPost Unlike other automakers currently using one autonomous driving solution, Jidu is developing two separate systems, pure vision and LiDAR, that serve as backups for each other.

Shanghai issues guidelines to help firms return to work amid Covid fight - CnEVPost The goal of the guidelines is to achieve closed-loop management while ensuring risk control, in order to facilitate companies' return to work and production, and to ensure the safety and stability of the supply chain.

Auto industry first to resume production in Jilin amid Covid controls - CnEVPost FAW Hongqi's plant has been the first to start resuming production, and the first 47 suppliers have resumed production, with other OEMs to resume production in orderly batches, a Jilin official said.