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CnEVPost Newsletter: XPeng unveils smart robot pony
XPeng will build smart robots with same model of building cars, says CEO - CnEVPost XPeng Motors' model of building smart cars will be used to build smart robots, the company's chairman and CEO He Xiaopeng said after announcing a smart robot pony.
NIO, Sinopec put another jointly-built battery swap station into operation - CnEVPost NIO and Sinopec will soon partner to build the first local battery swap station in a highway service area in Guangxi, and will build a new battery swap station in another local city, Guilin.
Tesla gets $329 million subsidies in China for vehicles sold in 2020, 327% more than NIO - CnEVPost Tesla received Chinese state subsidies for 101,082 vehicles sold in the country in 2020, for a combined amount of RMB 2.123 billion ($329 million).
Tesla China completes construction of plant capable of producing 10,000 Superchargers per year - CnEVPost Tesla's Supercharger production facility in China was officially completed on August 20, according to a report by the Beijing News on Tuesday.
BYD Semiconductor's IPO process resumes after half-month suspension - CnEVPost The listing process of BYD Semiconductor, BYD's chip business, has recently resumed, after it was unexpectedly suspended by the Shenzhen Stock Exchange last month.
Luxury car sales in China see rare decline in Aug - CnEVPost August retail sales of luxury cars in China were 278,000, down 9.4 percent year-on-year, according to a recent report by the China Automobile Dealers Association.
FAW-Audi reportedly leaves A6L production scheduled for just one day in Sept due to chip shortage - CnEVPost FAW-Audi is currently producing for several days and then taking several days off because of a severe chip shortage, with the A6L production scheduled for just one day in September, cls.cn said Tuesday.
Geely's ride-hailing arm Cao Cao Mobility raises $590 million in latest funding round - CnEVPost This is the first local equity financing in China's ride-hailing industry in 2021, and is an ice-breaker after the crackdown on Didi Chuxing.
SAIC sold over 70,000 NEVs in Aug, up 171% from a year earlier - CnEVPost SAIC passenger vehicle branch's Roewe, MG and R brand sold more than 17,000 NEVs combined in August, up 390 percent year-on-year.