CnEVPost Newsletter: The decision-making process behind Hefei's investment in NIO

New report reveals decision-making process behind Hefei's investment in NIO - CnEVPost — cnevpost.com When Hefei invested in NIO, it did a lot of research and analysis before making the decision, according to local media.

Seal expected to be BYD's key model, with clear advantages over Tesla Model 3, analysts say - CnEVPost Analysts at Essence Securities expect steady-state monthly sales of the BYD Seal to exceed 30,000 units.

BYD's auto finance subsidiary to get about $900 million in capital increase - CnEVPost As demand for BYD vehicles climbs, the number of vehicles for which BYD Auto Finance provides loans is also expected to explode in 2022, BYD said.

NIO Capital's portfolio firm Inceptio sees self-driving heavy trucks surpass 2 million km in commercial operations - CnEVPost Inceptio expects it to surpass 100 million cumulative miles of self-driving operations by the end of 2022.

Baidu, Pony.ai get first permits in China to offer self-driving ride-hailing service without safety officer in driver's seat - CnEVPost Although the service is limited to a small area of Beijing, it represents a dramatic shift in regulators' attitude toward the sector.

Voyah's Dreamer MPV sees first production vehicle roll off line, official launch set for May 7 - CnEVPost The Voyah Dreamer MPV offers intelligent electric four-wheel drive and accelerates from 0 to 100 km/h in as fast as 5.9 seconds.

Eve Energy to build new $3 billion battery project - CnEVPost The project, located in Chengdu, Sichuan province, will include a 50 GWh per year power and energy storage battery production site, as well as a local research institute.

Volkswagen's software division CARIAD forms China subsidiary, its first outside Europe - CnEVPost CARIAD's China team currently employs more than 600 people, a number that will double by the end of 2023.

Guangdong introduces new measures to encourage consumption, including NEVs - CnEVPost On top of state subsidies, Guangdong will offer additional subsidies to consumers who purchase NEVs.