CnEVPost Newsletter: NIO sends first ES8s to Norway

NIO sends first ES8s to Norway - CnEVPost — cnevpost.com NIO sent the first ES8 vehicles from Shanghai Waigaoqiao Port to Norway on July 20, the company said Thursday.

NIO ES6, Li ONE, XPeng G3 earn top ranking in J.D. Power quality survey - CnEVPost The NIO ES6 ranked highest in the luxury pure electric segment, the Li Auto's only model, the Li ONE, ranked first in the mainstream plug-in hybrid market, and the XPeng G3 ranked first in the compact pure electric market.

NIO tells users in flood-hit Henan: Don't worry about vehicles and charging facilities - CnEVPost After announcing an RMB 15 million ($2.32 million) donation to Henan province, which was hit by heavy rains and floods, NIO has developed a support plan for its customers there.

NIO puts two new batery swap stations into operation, bringing total to 314 - CnEVPost NIO put two new battery swap stations into operation on Thursday, located in Zhangjiagang and Hefei, bringing the total number to 314.

Why NEO Park matters to NIO? - CnEVPost "I will not be surprised in NIO increases their smart EV and battery manufacturing capacity pass 1 million in 2023 or beyond."

Chinese automakers can now start trading their NEV credits, what does this mean for NIO, XPeng, and Li Auto? - CnEVPost Car companies including NIO, XPeng Motors, Li Auto, Tesla China, and BYD have accumulated a lot of new energy credits last year, and now they can start trading them.

XPeng opens nearly 5% higher in Hong Kong, back above issue price for first time - CnEVPost Shares of XPeng Motors traded in Hong Kong opened 4.76 percent higher to HK$169.50 on Thursday, surpassing the issue price of HK$165 for the first time since it went public in Hong Kong.

Li Auto announces support plan for users in flood-stricken Henan - CnEVPost After announcing an RMB 10 million ($1.55 million) donation to Henan province, which was hit by heavy rains and floods, Li Auto has developed a support plan for its customers there.

Why is it tough to commercialize flying cars? - CnEVPost The lack of policies and regulations is the key to the difficulty of commercializing flying cars on the ground.

Tesla allows free use of Superchargers in Henan during disaster relief - CnEVPost Many car companies in China have announced support policies for customers in Henan province, which was hit by heavy rains and flooding, and Tesla is no exception.

CATL has so much cash that it will invest another $850 million in wealth management products - CnEVPost As China's largest power battery supplier, how to manage idle cash is a question CATL needs to think about.

Evergrande Auto surges about 30% as FF, in which it has a stake, nears US listing - CnEVPost Evergrande Auto surged in Hong Kong on Thursday as its parent company's debt problems eased and Faraday Future (FF), in which it has a stake, is set to go public in the US.

This minicar that impressed NIO's William Li will have automatic parking, adaptive cruise control - CnEVPost The huge success of SAIC-GM-Wuling's Hongguang Mini EV has led to a general perception of such minicars as low-end products. However, a new model from another Wuling brand, Baojun, is about to overturn that impression.

CICC expects global power battery demand to grow at CAGR of over 50% in next five years - CnEVPost As the capacity of power batteries equipped in vehicles increases, global power battery demand will continue to grow faster than new energy vehicle demand, said CICC.

CITIC Securities raises its forecast for NEV sales in China to 2.83 million units in 2021 - CnEVPost In a research note released Thursday, CITIC Securities raised its China 2021 NEV sales forecast to 2.83 million units from 2.49 million units, implying a 121 percent increase from 2020.

These are top 10 best-selling NEV models in China in June - CnEVPost The Wuling Hongguang Mini EV remained the best-selling new energy vehicle (NEV) model in China with 29,143 units sold in June, up 12.56 percent from May.

China's H1 NEV sales exceed 1.2 million units - CnEVPost China's new energy vehicle (NEV) sales from January to June were 1.206 million units, up 2 times year-over-year and 92.3 percent from the same period in 2019.

Guizhou aims to have charging piles in every township by 2023 - CnEVPost Guizhou province in southwestern China recently announced a three-year action plan for electric vehicle charging infrastructure construction, planning to build 4,500, 5,000 and 5,500 electric vehicle charging piles in 2021, 2022 and 2023, respectively.

Shenzhen considers policies to facilitate NEV owners to purchase additional vehicles - CnEVPost Shenzhen will actively expand local auto consumption by considering policies to facilitate the purchase of additional small vehicles by owners of NEVs.

China's auto sales poised to grow this year, reversing three straight years of decline, official says - CnEVPost China's auto sales are expected to grow this year, reversing three consecutive years of decline, Zhu Xiaoliang, an official with the Ministry of Commerce, said at a news conference Thursday.