Industry News
Nio Capital invests in local energy storage system integrator
Nio Capital said the energy storage industry is exploding and is bullish on Hyper Strong's extensive experience as a provider of energy storage system solutions.
...
Deutsche Bank raises its forecast for BEV sales in China to 2.5 million units this year
NEV penetration in China has come in at about 20 percent, which Deutsche Bank analyst Edison Yu believes indicates a continued acceleration in the adoption curve.
...
China's NEV sales expected to top 3 million units this year, CAAM official says
The forecast is safe because if NEV sales exceed 300,000 units in each of the remaining three months, sales will exceed 3 million units for the year.
...
BMW delivered 32,000 NEVs in China in Jan-Sept, half of Nio
In the past four months alone, Nio's deliveries reached 32,522 vehicles, comparable to BMW's NEV sales in the first nine months.
...
China NEV sales reached 357,000 units in Sept, up 148% year-on-year, CAAM data show
Sales of pure electric vehicles reached 296,000 units, up 1.5 times year-on-year.
...
China passenger NEV retail sales exceed 300,000 units for first time in Sept
Wholesale sales of new energy passenger vehicles in China reached 355,000 units in September, the second month in a row to exceed 300,000 units.
...
JAC sold 14,400 EVs in Sept, up 163% from a year earlier
The sales figure should include Nio's vehicles, which sold a record 10,628 units in September.
...
Commodity price hikes, power crunch have more serious impact on automakers than chip shortages, GAC Aion exec says
The price of lithium carbonate was RMB 70,000 ($10,850) per ton last year, but now it has risen to RMB 270,000.
...
Evergrande Auto tries to reassure partners, vows first model will roll off line early next year
Evergrande Auto has vowed to ensure that Hengchi's mass production target is met with utmost determination.
...
Mini EV's convertible version begins road tests
The model is expected to go on sale in 2022 and could be priced higher than the Mini EV Macaron's starting price of about $5,750.
...
