CnEVPost Newsletter: Tesla offers new discount in China; BYD looking to build plant in Europe

Tesla offers new discount for buying inventory cars in China - CnEVPost — cnevpost.com As Tesla's insurance subsidy for Chinese consumers buying inventory cars was halved in December, it's offering new discounts to spur demand.

NIO partners with China's Giant Panda National Park in Clean Parks initiative - CnEVPost The Clean Parks initiative has covered nine environmentally sensitive areas since its launch, and Giant Panda National Park is the fourth Chinese national park NIO has partnered with under it.

BYD looking to build passenger car plant in Europe - CnEVPost BYD could build up to two passenger car plants in Europe, an executive said, also confirming that the company is buying its own ships to export cars.

BYD to officially launch hybrid Frigate 07 on Dec 9 - CnEVPost BYD had the Frigate 07 unveiled and available for pre-sale at the end of August, with a pre-sale price range of RMB 220,000 ($31,500) - 280,000.

Chinese EV startup Niutron to refund all consumers in major setback to its car-making efforts - CnEVPost Niutron's first model, the Niutron NV, went on sale only on October 8 and had received 24,376 orders.

VW Anhui sees first pre-production vehicle roll off line - CnEVPost The model could be the first electric SUV from VW's Spanish sports brand Cupra -- the Tavascan -- and is expected to go into production in the second half of 2023.