CnEVPost Newsletter: XPeng may build its own stores in Norway; Li Auto starts trading in HK grey market

New ETF to be listed in HK Thursday expected to bring passive inflows to NIO, Tesla - CnEVPost — cnevpost.com As of August 10, the index's top five constituents were Tesla, Texas Instruments, Analog Devices, CATL, and NIO.

NIO's 361st battery swap station goes into operation - CnEVPost As of August 11, NIO has 361 battery swap stations, 238 supercharging stations, 432 destination charging stations.

XPeng may build directly managed stores in Norway, new job ad hints - CnEVPost XPeng has relied on local dealers for vehicle sales in Norway, but now it appears the company has bigger ambitions.

XPeng sets up new car sales company in Changsha - CnEVPost While NIO is pressing ahead with the construction of battery swap stations, XPeng seems to be focusing on setting up new sales companies.

XPeng P7's dual-motor model to have LFP version - CnEVPost The current dual-motor model of the P7 uses a ternary lithium battery with a combined NEDC range of 562km.

Li Auto falls over 2% in grey market trading before its HK debut - CnEVPost Li Auto traded down about 3.73 percent to HK$113.6 at the beginning of the grey market in Hong Kong on Wednesday.

What is grey market trading in HK? - CnEVPost Grey market trading refers to trading that is not in the open market but only by clients in the internal trading systems of certain large brokerage firms.

Li Auto's HK listing raises about $1.5 billion - CnEVPost Li Auto shares will be traded in HK from August 12, and investors can trade on the grey market from 16:15-18:30 Beijing Time the day before.

Model Y with 640 km range may soon be available in China - CnEVPost The MIIT released the forty-fifth batch of new energy vehicle models exempted from vehicle purchase tax, and the long-range version of Tesla Model Y is listed, with an NEDC range of 640 km.

Tesla Model 3 sales in China down 41.2% year-over-year in July - CnEVPost The Model 3 fell to sixth on the list of China's top new energy vehicle sales in July, and was the only model on the list to see a year-over-year sales decline.

BYD says it never said it would supply blade batteries to Tesla - CnEVPost BYD has never told the media that it will supply "blade batteries" to Tesla, nor has it said that the "blade batteries" will be used in the Model Y, ifeng.com quoted the company as saying on Wednesday.

KiWi EV goes on pre- sale, priced twice as much as Mini EV - CnEVPost The price is approximately double that of the SAIC-GM Wuling Hongguang Mini EV, which is priced at RMB 28,800 - RMB 43,600.

This is what the Mini EV challenger from Chery looks like - CnEVPost A filing shows that the car continues the cute design language of Chery's classic QQ model, with semicircular headlights that look like a pair of cat eyes.

Evergrande Auto's parent company considers another stake sale in EV maker - CnEVPost Evergrande Group, China's largest real estate company with a heavy debt load, has chosen to save itself with the sale of assets.

This is Mitsubishi's first EV model to be launched in China - CnEVPost The Airtrek is an electric 5-seat SUV that will go on sale within the year and will only be sold in Asia.

EV battery maker CALB to build $3.8 billion plant in Hefei - CnEVPost The batteries produced at the base will be power batteries as well as batteries for energy storage.

Huawei discloses new auto-related patent - CnEVPost Huawei recently disclosed a new automotive-related patent that, if applied, would make autonomous driving safer.

China mulls policy support for hydrogen internal combustion engines - CnEVPost China will develop a hydrogen energy development strategy and study the possibility of including and supporting hydrogen internal combustion engines.

China's July power battery installation volume at 11.3 GWh, up 125% year-over-year - CnEVPost In July, CATL had the highest installed base of 5.66 GWh, with a market share of 50.1 percent.

China's July NEV sales up 164% year-over-year to 271,000 units, CAAM data show - CnEVPost In contrast, China's July auto sales declined 11.9 percent compared to the same month last year.

Chinese brands sold 56,573 vehicles in Russia in Jan-July, up 140% year-over-year - CnEVPost In July, Chinese cars sold 9,734 units in Russia, up 84 percent year-over-year.