CnEVPost Newsletter: NIO sees first swap station roll off line in Europe; Tesla offers insurance subsidies in China

NIO sees first swap station roll off line in Europe as Hungarian plant goes into operation - CnEVPost — cnevpost.com The first battery swap station made by NIO Power Europe Plant will be shipped to Germany.

NIO starts showing vehicle wait times with ET5 at up to 23 weeks - CnEVPost Consumers ordering the ET5 now have to wait about 5-6 months, for the ES7 it's 13-15 weeks and for the ET7 it's 11-13 weeks.

NIO opens second store in Norway as it approaches first anniversary in local presence - CnEVPost To date, a total of 889 NIO vehicles have been registered in Norway, including 880 ES8s and 9 ET7s.

Li Auto drops to three-month low in Hong Kong as shares fall below HK$100 - CnEVPost Li Auto fell below HK$100 for the first time since early June, accumulating a 32 percent drop from its recent high on June 24.

Tesla offers insurance subsidies in China that may herald upcoming price cut - CnEVPost For Tesla owners who get deliveries from September 16 to September 30, they can receive a subsidy of RMB 8,000 if they choose to purchase insurance in a Tesla store.

Tesla further cuts wait times in China, all models start at one week - CnEVPost Local media earlier today cited several Tesla salespeople as saying that a small number of existing Model 3 and Model Y vehicles are currently available for sale.

Evergrande starts mass production of Hengchi 5, pushing ahead with more models - CnEVPost Hengchi 6 will be mass-produced in the first half of next year and Hengchi 7 in the second half of next year, Evergrande NEV said.

Wuling refreshes KiWi EV, DJI's assisted driving system debuts in production vehicle - CnEVPost The 2023 KiWi EV equipped with DJI's assisted driving system enables intelligent obstacle avoidance, adaptive cruise control, advanced lane keeping and automatic lane changing.