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CnEVPost Newsletter: Norway's central bank adjusts positions in Chinese EV trio; HK stocks suffer panic sell-off
Norway's central bank boosts positions in NIO and Li Auto, cuts XPeng in Q4 - CnEVPost — cnevpost.com Norges Bank increased its position in NIO by 31 percent, increased its position in Li Auto by 990 percent and cut its position in XPeng by 20 percent in the fourth quarter.
Hong Kong stocks suffer panic sell-off, what happened? - CnEVPost By the close of trading, NIO was down 14.14 percent in Hong Kong, XPeng was down 22.2 percent, and Li Auto was down 19.6 percent. The Hang Seng Tech Index plunged 11.03 percent, the biggest one-day drop.
XPeng joins three European automotive associations - CnEVPost The move marks XPeng's long-term commitment to accelerating the electrification of Europe and adhering to a sustainable strategy, it said.
XPeng accused by some users of reducing battery capacity via OTA update - CnEVPost XPeng said these user speculations are not factually correct and will invite users to its stores for testing to dispel the doubts.
Li Auto added to Mainland-Hong Kong stock connect after XPeng - CnEVPost With the inclusion in the list, investors in the Chinese mainland will be able to trade Li Auto shares more easily.
Tesla exec denies EV maker has acquired troubled Chinese carmaker Zotye - CnEVPost Rumors of Tesla acquiring other car companies' production lines and building a second factory in China are popping up amid severe capacity constraints.
Refreshed Model S and Model X spotted at Tesla Shanghai plant - CnEVPost The vehicles are supposed to be produced at Tesla's Fremont plant in the US and will probably be used for testing and validation in China, according to a prominent auto blogger.
Regulatory filing shows what BYD Seal looks like - CnEVPost The BYD Seal is seen as the most direct challenger to the Tesla Model 3.
Evergrande's first EV model gets regulatory approval to go on sale - CnEVPost Shares of Evergrande NEV Group traded in Hong Kong have pulled back about 96 percent from their all-time high at the end of February last year.
Voyah's MPV to be officially launched on April 7 - CnEVPost Like the brand's first model, the Voyah FREE SUV, the Dreamer MPV will be available in an all-electric version as well as a version with extended-range technology.
EV battery maker CALB files for Hong Kong IPO - CnEVPost CALB's first filing did not mention the amount it plans to raise, but media reports previously suggested its IPO could raise up to $1.5 billion.