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CnEVPost Newsletter: NIO sub-brand battery suppliers; XPeng Q2 earnings
NIO to use batteries from multiple suppliers including CALB and BYD in sub-brand, report says - CnEVPost — cnevpost.com ALPS has adopted an open partnership stance, not only bringing in CALB and FinDreams, but also approaching battery makers including Eve Energy and Svolt Energy.
NIO sends first ET7s to Europe on two vessels, instead of one - CnEVPost It appears that some NIO ET7s have already arrived in Europe and have been seen in Oslo, Norway.
XPeng Q2 revenue beats estimates, but net loss rises sharply - CnEVPost XPeng expects to deliver 29,000 to 31,000 units in the third quarter, up about 13 percent to 20.8 percent year on year. It reported a 126.1 percent year-on-year increase in net loss in the second quarter
XPeng vehicles reportedly denied license plates in Shanghai due to violation of local policy - CnEVPost Shanghai was the fourth-largest city for XPeng P7 sales in the first half of the year, and the second-largest city for XPeng P5 and G3 series sales.
XPeng's vehicle license plate issue in Shanghai has been resolved - CnEVPost The issue was caused by the relocation of XPeng's Shanghai service center resulting in relevant information not being uploaded in a timely manner, according to local media.
XPeng responds to ex-Apple employee's guilty plea to trade secret theft charges - CnEVPost More than four years into the case, XPeng is not aware of the specifics of the case and has not been involved in the subsequent investigation of the case by US judicial authorities, the company said.
Ex-Apple employee pleads guilty to stealing trade secrets before joining XPeng - CnEVPost Zhang Xiaolang joined XPeng in May 2018 and was arrested in the US in July 2018 before returning to China.
Tesla says no current plans to use new batteries in China-made vehicles - CnEVPost Tesla's China-made models have no current plans to use any new models of batteries, including the 4680 cell, it said.
Polestar 2 vehicle facing hefty battery replacement costs has been scrapped - CnEVPost The cost of replacing a battery pack in the Polestar 2 is twice the price of a new car, making the brand a recent talking point in China.