Nio ET7 delivery target for next year said to be 50,000 units
Nio unveiled the ET7 sedan at the beginning of the year but never revealed the model's pre-order volume or sales target. Now, a document has revealed its sales target.
Apple in talks with CATL, BYD over battery supply deal for its EV, Reuters reports
Apple requires potential battery suppliers to have a production base in the US, the report said, adding that CATL is reluctant to build a plant in the US because of tensions between China and the US.
Nio's OEM JAC sold 9,113 electric passenger cars in May, up 132% year-on-year
JAC sold 9,113 all-electric passenger cars in May, up 131.81 percent year-on-year but down 12.41 percent from April.
OPPO's new trademark application signals further step in its car-building efforts
Rumors began to emerge in late April that Chinese smartphone giant OPPO would jump on the car-making bandwagon, and now the company's actions seem to be confirming those reports.
Geely sold 6,284 new energy vehicles in May, up 3 percent from a year earlier
Geely's new energy vehicle sales in May totaled 6,284 units, up 3 percent year-on-year, according to figures released by the Chinese automotive giant on June 7.
BYD's first 100 Tang EVs begin shipping to Norway, delivery expected in August
Norway is BYD's first stop in the European market, and the company expects to ship 1,500 Tang EVs to the country in 2021.
Nio says May deliveries down from April not due to chip shortage
The change delayed Nio's average delivery time by four days. Excluding invoicing, Nio would have basically been able to go from order receipt to delivery in a little more than two weeks in May.
Deutsche Bank says investors underappreciate Nio's potential in overseas markets, reiterates Buy rating
Nio announced plans to enter overseas markets a month ago, with Norway as the first stop. In the view of Deutsche Bank analyst Edison Yu's team, investors are currently underestimating Nio's potential in this aspect.
BYD sold 32,800 new energy vehicles in May, up 190% year-on-year
BYD sold 31,681 new energy passenger vehicles in May, including 18,711 pure electric vehicles and 12,970 plug-in hybrids.
Chery sold 6,792 NEVs in May, up about 132 percent from a year earlier
The company's cumulative sales of new energy vehicles from January to May were 32,237 units, up 270.6 percent from a year earlier.