CnEVPost Newsletter: NIO Sinopec partnership, showroom in Norway, and more
NIO confirms partnership with Sinopec, first 2nd-gen battery swap station to open at latter's gas station on April 15 - CnEVPost — cnevpost.com The long-awaited partnership between NIO and fossil fuel energy giant Sinopec has finally been confirmed.
NIO reportedly to open its first showroom in Norway in September - CnEVPost — cnevpost.com NIO will build its first flagship showroom in Norway, and it now looks like it's expected to open this September, local media outlet Bilbransje24 quoted Marius Hayler, CEO of NIO Norway AS, as saying.
NIO vehicle insurance registrations up 420% year-on-year in Q1 - CnEVPost Among the premium brands in the Chinese market, NIO ranked fourth with an average sales price of RMB 428,000 ($65,400) in the first quarter.
Li Auto establishes new company in Beijing with registered capital of RMB 1 billion - CnEVPost Local media said earlier this month that Li Auto is planning to build a second factory, most likely in Beijing, where the company is headquartered.
Li Auto completes offering of $862.5 million convertible senior notes - CnEVPost Li Auto closed down 4.3 percent to $21.78 on Monday. Its Chinese peer NIO also closed down 2.57 percent to $37.14, and XPeng Motors fell 1.45 percent to $33.99.
Tesla exec says data collected in China will basically be placed in China - CnEVPost In the future, all smart cars may collect information, and this process needs to be well planned so that consumers can enjoy convenience and safety at the same time, Tesla vice president Grace Tao said.
Huawei says smart cars with 'Huawei Inside' in mass production - CnEVPost At the upcoming Shanghai Auto Show, cars built on the Huawei Inside partnership model will demonstrate their self-driving capabilities in densely populated urban areas.
SAIC launches developer platform, iFlytek first to join - CnEVPost "Our position for SOA is that we want to make it the Android of the automotive industry," SAIC said.
Chinese startup WeRide gets permit to test driverless cars on public roads in California - CnEVPost After raising $310 million, WeRide is the seventh company to receive a driverless testing permit, following AutoX, Baidu, Cruise, Nuro Waymo, and Zoox.
Beijing plans to open six highways to self-driving tests - CnEVPost Detailed rules for driverless vehicle highway testing will be announced in June, and the safety officers in driverless cabs will be withdrawn from the vehicles this year.