CnEVPost Newsletter: What makes NIO's business model unique and disruptive?

What makes NIO's business model unique and disruptive? - CnEVPost — cnevpost.com In 2023 NIO's Unique Disruptive Business Models could yield One Million EVs sold for Profit over $20 Billion making NIO most profitable Auto Company & going forward with Existing Owner Sales Force of 1.5 Million.

Deutsche Bank asks: 'Could China EV stocks emerge winners from Didi debacle?' - CnEVPost Yu's team believes that as investors better understand this dynamic, there will be more interest and money flowing into China EV stocks.

Information provider 36Kr brings its audio to NIO vehicles - CnEVPost US-listed Chinese business and financial information provider 36Kr Holdings recently announced that the audio segment it created with NIO's interactive sound community, NIO Radio, has come to NIO vehicles.

XPeng to announce price of LiDAR-equipped P5 on July 17 - CnEVPost XPeng Motors will officially begin pre-sales of the P5 sedan on July 17, when it will announce the model's price, the company said Tuesday.

XPeng CEO denies waiting a week at CATL to get batteries - CnEVPost XPeng Motors Chairman and CEO He Xiaopeng denied recent media reports that he waited for a week at the office of power battery giant CATL to secure battery supply.

Li Auto's insurance registrations surpass NIO for first time in June - CnEVPost Li Auto topped China's new car makers with 7,827 insurance registrations in June, surpassing NIO's 7,777.

Lower-priced Model Y reportedly gets over 10,000 orders on first day of launch in China - CnEVPost The first day of the Model Y standard range version's launch saw more than 10,000 orders, and the second day more than 5,000, local media quoted a Tesla salesperson as saying.

Citi raises BYD price target, says its P/S ratio should reach NIO's level - CnEVPost NIO has a P/S ratio of 22 times, while the figure for BYD is 3 times.

BYD to start construction of project with Hefei at end of August - CnEVPost After NIO, BYD has become the latest car company to build new energy vehicle projects with the city of Hefei in east China.

Jidu Auto, Baidu's car-making arm, has poached former NIO veteran engineer - CnEVPost Chinese tech giants jumping on the car-building bandwagon are grasping for talent, and they're setting their sights on people who once had experience working at China's leading car-making newcomers, including NIO.

Hongguang Mini EV sales at 22,905 units in June, down 23% from May - CnEVPost After its record sales in March, the performance of China's hottest-selling electric car is starting to weaken.

Nearly 40% of EV fires occur while sitting, says expert - CnEVPost The percentage of EV fires that occur while charging is about 28 percent, while the percentage of fires that occur while sitting is 38 percent.

BAIC Blue Park June sales at 1,585 units, down 47% from a year ago - CnEVPost BAIC Blue Park had a glorious past. It was the number one pure electric vehicle seller in China for seven consecutive years from 2013-2019.

SAIC plans to put Robotaxis with L4 self-driving capability on road this year - CnEVPost SAIC plans to achieve mass production of Robotaxis by 2025.

Beijing bans illegal electric tricycles and four-wheelers, gives 2.5-year transition period - CnEVPost These vehicles are also widely known as "老头乐" (Old Man's Joy) in China, and they often weave in and out of ordinary vehicles and drive illegally on bike paths, posing many safety hazards.

China's power battery installation reached 11.1 GWh in June, up 136% from a year ago - CnEVPost In June, CATL had the highest installed capacity of 5.44 GWh, with a market share of 49.1 percent.

China's new energy firms scrambling to raise capital to expand capacity - CnEVPost The huge market demand generated by China's new energy industry chain has led to a large number of companies actively raising capital to expand their production capacity.

China sees 9,435 power battery recycling-related company registrations in H1, 26 times as many as a year ago - CnEVPost With the rapid development of China's new energy vehicle industry, power battery recycling is starting to become a big business with a rapid increase in participants.