CnEVPost Newsletter: NIO, XPeng may use large die-casting machines; NIO sets up insurance unit

Exclusive: NIO, XPeng may use large die-casting units from their common supplier - CnEVPost — cnevpost.com NIO, XPeng's supplier Guangdong Hongtu saw the 6,800-ton integrated die-casting machine come off the production line and started developing a 12,000-ton die-casting unit.

Guosheng Securities initiates coverage on NIO with Buy rating and $50 price ta…