CnEVPost Newsletter: NIO's William Li on EV penetration rate; XPeng N5 surfaces; Zeekr001 sold out

NIO's William Li expects China's smart EV penetration rate to exceed 90% by 2030 - CnEVPost — cnevpost.com In the opinion of William Li, China's electric vehicle market is expected to spread rapidly over the next 10 years as demand from the general public begins to be activated.

XPeng may offer P5 variant N5 without LiDAR to reach broader user base - CnEVPost Three of the models are identified as P5 on the rear and the other model is N5, which is the first time we see this new model of XPeng.

XPeng says its auto-parking feature was successfully used over 260,000 times in May - CnEVPost XPeng Motors' auto-parking feature was successfully used more than 260,000 times in May, the Chinese electric car company said Tuesday.

Geely's EV brand Zeekr says it has sold out all deliverable Zeekr001 models for this year - CnEVPost Zeekr said it has sold out of deliveries of its first model, the Zeekr001, available for delivery this year and has stopped taking further deposits.

BYD chairman says China's local EV brands have surpassed joint venture brands in technology - CnEVPost Whether it's styling technology, or core new energy vehicle technologies such as batteries, motors, and electric controls, China's local EVs are already ahead of joint venture brands, Wang said.

Arcfox to collaborate with Baidu Apollo on self-driving after Huawei - CnEVPost Apollo and Arcfox will announce their partnership on June 17 to "usher in a new era of shared self-driving," according to the former's Weibo.

Xiaomi hiring for multiple self-driving positions - CnEVPost Xiaomi is hiring for a number of self-driving-related positions, hinting that the smartphone giant may locate its R&D center in Beijing.

SAIC says it will put solid-state batteries into production by 2025 - CnEVPost Chinese auto giant SAIC Motor will put its solid-state batteries with "world-leading " technology into production by 2025, it said.

Chinese firm plans to build about 500 battery swap stations for passenger cars, heavy trucks - CnEVPost The company plans to build about 313 new battery swap stations for passenger cars and 175 battery swap stations for heavy trucks in Jiangsu, Zhejiang, and Guangdong.

China's new energy passenger vehicle penetration rate rose to record high of 12% in May - CnEVPost The continued increase in sales of premium electric models so far this year, while traditional fuel vehicles have been more severely affected by chip shortages, has allowed new energy passenger car penetration to rise rapidly.