Expert expects China's NEV penetration to exceed 20% by 2022
The secretary-general of the CPCA said that with the supply of chips still uncertain in 2022, traditional carmakers will prioritize their limited resources for NEV models.
...
Zeekr delivered 199 vehicles in Oct, its first delivery month
As deliveries of the Zeekr 001 begin, the company is also facing an ongoing PR crisis, demonstrating how hard it is for EV makers to really get customers in China.
...
US EV startup Fisker signs battery supply deal with China's CATL
CATL will supply Fisker with more than 5 GWh of capacity annually from 2023-2025.
...
Nio president says EV maker added over 10k orders in Oct, didn't suffer chip shortage for the month
Qin Lihong said in an interview that Nio's order count has exceeded 10,000 for several months in a row.
...
Xpeng to report Q3 earnings on Nov 23
Deutsche Bank's Edison Yu's team expects Xpeng to record revenue of RMB 5.63 billion in the third quarter.
...
Elon Musk gets thousands of donations on Weibo for Chinese poem he shared on Twitter
The world's richest man received thousands of donations from Chinese Internet users for an ancient Chinese poem.
...
Xpeng begins public testing of system similar to driver's license points to prevent users from abusing assisted driving features
Xpeng users will be given an initial 100 points, which will be deducted if they are found to be abusing assisted driving.
...
Nio offers lower down payment options for its used car buyers
Nio has begun offering its used car buyers a minimum down payment of 15 percent, lower than the 30 percent minimum option previously offered by local banks.
...
Nio opens new charging line in Northeast China under Power Up Plan
Nio has opened at least 10 charging lines under the Power Up Plan this year.
...
Dongfeng Motor's premium EV brand Voyah delivered 1,006 units in Oct, up 11% from Sept
Since deliveries began in August, Voyah's cumulative deliveries have reached 2,322 units.
...
