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China EV news, data, insights and more.
CnEVPost Newsletter: Daily Recap Sept 29, 2024 Nio announces $470 million investment in Nio China from strategic investors Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China. Deutsche Bank gives positive read on Nio China's new financing New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price,...
CnEVPost Newsletter: Daily Recap Sept 27, 2024 BYD chief scientist expects solid-state batteries to be widely used in 5 years' time BYD's chief scientist expects solid-state batteries to be widely used in 5 years, starting with high-end models, the first time a BYD executive has spoken publicly on the topic in the last few years. BYD starts taking pre-orders for Xia MPV BYD gave the Xia its debut a month ago, saying at the time that the MPV would be priced in the RMB 300,000 yuan ($42,780)...
CnEVPost Newsletter: Daily Recap Sept 26, 2024 China Sept EV sales preview: Deutsche Bank expects Nio at 21,000, Tesla 64,000, BYD 370,000 New order flow for Nio's main brand is estimated at around 20,000 units in September, flat from August, but new brand Onvo has received more than 30,000 non-cancelable orders, according to Deutsche Bank. Xpeng adds new 4-wheel-drive variant to G9 SUV Xpeng has added a new variant of the G9 to cater to consumers who value power over smart driving...