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CnEVPost Newsletter: NIO strikes new partnership; XPeng, Li Auto added to Hang Seng Tech Index
NIO partners with another university, will establish innovation institute focused on forward-looking technologies - CnEVPost — cnevpost.com NIO has signed a strategic cooperation agreement with Hefei University of Technology and will build an innovation institute with it.
Guest Post: Solving supply chain issues NIO style with pivotal March month looming - CnEVPost Arguably March 2022 will be a pivotal month for NIO for a number of reasons.
BREAKING: XPeng, Li Auto added to Hang Seng Tech Index - CnEVPost Joining the index means they will have access to passive inflows from those ETFs that track the index.
XPeng added to Shanghai-Hong Kong Stock Connect after inclusion in similar channel in Shenzhen - CnEVPost After the Shenzhen Stock Exchange included XPeng in a stock connect linking the mainland and Hong Kong earlier this month, the Shanghai Stock Exchange has done the same.
Li Auto to report Q4 earnings on Feb 25, what to watch? - CnEVPost Deutsche Bank maintains a Hold rating on Li Auto and a $34 price target, implying a 14.8 percent upside.
Beijing Benz to recall 10,104 EQC vehicles after users complain of motor problems - CnEVPost A month ago, dozens of EQC owners in China released a joint statement saying their vehicles had experienced at least one motor failure.
Tesla recalls 26,047 China-made Model 3 and Model Y vehicles due to software issue - CnEVPost Tesla will carry out software upgrades for the vehicles in the recall through OTA, so that users can complete the recall without visiting a store.
Tesla vehicle reportedly flies over 10-meter-wide river in latest accident - CnEVPost A Tesla vehicle flew over a river that is more than 10 meters wide at a speed of more than 100 kilometers per hour, according to local media.
Tesla wins lawsuit against designated driver who refused service claiming 'faulty brakes' - CnEVPost A designated driver has been ordered to pay Tesla 20,000 yuan ($3,155) in damages and to apologize for at least 30 days.
Tesla adds 24 Supercharger stations in Chinese mainland in Jan, bringing total to over 1,100 - CnEVPost To date, Tesla has more than 1,100 Supercharger stations in the Chinese mainland, offering more than 8,300 piles.
BYD Seal set to become new Tesla Model 3 challenger - CnEVPost The price range of BYD Seal is expected to be in RMB 220,000 ($34,710) - 280,000, and it could be unveiled around the Beijing Auto Show in April, according to local media.
BYD reportedly considers producing EVs in Uzbekistan - CnEVPost BYD has signed a memorandum of understanding with an Uzbek company and agreed to study the feasibility of jointly producing electric passenger cars and electric buses in Uzbekistan, a report said.
China sells 431,000 NEVs in Jan, up 136% year-on-year, CAAM data show - CnEVPost January sales of pure electric passenger cars were 335,000 units, up 127.3 percent year-on-year, while sales of plug-in hybrids were 85,000 units, up 198.3 percent year-on-year.
GAC Aion completes plant expansion, doubles annual capacity to 200,000 vehicles - CnEVPost Following the completion of this expansion project, the plant's production efficiency has increased by 45 percent and customization capacity has increased by 35 percent, GAC Aion said.