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CnEVPost Newsletter: Nio ​Onvo begins L90 test drives; ​Great Wall Motor teases supercar

Published 3 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jul 23, 2025

​Onvo begins L90 test drives as optimism pushes Nio shares higher​

Since the L90 began pre-sales on July 10, Nio shares have risen 43 percent in Hong Kong.

​Tesla Diner in Shanghai may open in early 2026, report says​

The first Tesla Diner in Shanghai may open around Chinese New Year in 2026, with prices likely to be 70 percent of those in the US, according to a local media report.

​Great Wall Motor chairman teases Ferrari-rivaling supercar​

Great Wall Motor chairman Wei Jianjun previewed a supercar in a photo, marking the first glimpse of the model from the Chinese automaker.

​Svolt Energy to begin trial production of semi-solid-state batteries in Q4​

The semi-solid-state batteries will be supplied to BMW Mini's next-generation models, with mass production planned for 2027.

​Chinese smart driving startup Momenta invests in electric heavy truck startup Zeron​

Zeron today announced that it has completed a Series A financing round worth RMB 500 million ($70 million), with Momenta as one of the three lead investors.

​Chinese car brands double share in Europe in H1 2025 as strong growth continues​

In the first half of 2025, Chinese car brands' sales in Europe grew by 91 percent year-on-year, reaching a new high of 5.1 percent market share.

​China NEV retail at 537,000 in Jul 1-20, up 23% year-on-year​

China's NEV penetration rate in retail sales was 54.9 percent during the July 1-20 period, and 50.56 percent year-to-date.

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