Former Goldman Sachs managing director Pan Deng has joined Neta as its new CFO to head the IPO of the brand’s parent company Hozon. Read more…

Nio is aiming to deliver 220,000 vehicles in 2024, including 200,000 under the Nio main brand and 20,000 under its sub-brand Onvo, its president said. Read more…

The Lynk & Co Z10 is an all-electric mid to large-size sedan built on the same platform as the Zeekr 001. Read more…

The Sealion 05 DM-i is a compact five-seat hybrid SUV that is expected to be equipped with BYD’s latest DM 5.0 technology. Read more…

Nio Onvo to launch the L60 in Hefei, Anhui province on September 19, targeting 20,000 unit deliveries within this year. Read more…

Nio is holding a second-quarter earnings analyst call, and this post is CnEVPost’s live update of the main points from the call. Read more…

Nio reported a total revenue of RMB 17.446 billion ($2,400.6 million) in the second quarter, better than the RMB 17.385 billion expected by Wall Street analysts. Read more…

Nio has signed an agreement with Suzhou Energy Group, a Chinese state-owned enterprise, to jointly promote charging and battery swap infrastructure. Read more…

Nio has received a reply from the police today saying they have arrested the person suspected of creating and publishing the fake rumor about its bankruptcy. Read more…

Tesla plans to launch FSD in China and Europe in the first quarter of 2025, pending regulatory approval. This is a slight delay from the previous plan. Read more…

Wall Street expects Nio’s revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker’s guidance range as deliveries unexpectedly beat guidance. Read more…

Dongfeng Motor’s premium electric off-road brand, M-Hero, has plugged into Nio’s charging network, becoming the 12th brand to do so. Read more…

CATL and BYD continue to hold the top two spots as the world’s largest battery makers in January-July, with several other Chinese companies in the top 10. Read more…

BYD has shared a 25-second video on Weibo showing some of the exterior details of the Sealion 05 DM-i. Read more…

Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles. Read more…

That’s about six months after the Han sedan’s last update, as BYD accelerates the rollout of new products and updates to existing models. Read more…

China’s retail sales of NEVs were a record 1.015 million units in August, with penetration rising to a record 53.14 percent, preliminary CPCA data showed. Read more…

Nio has begun to push forward with its Power Up Counties plan, with five county-level administrative regions seeing their first Nio battery swap stations go into operation in August. Read more…

“The intention was to protect the European car industry but for us, it’s having the opposite effect …. We need to find a solution,” Cupra’s CEO said. Read more…

Changan’s German subsidiary has been registered, marking another step in its “Vast Ocean” plan. Read more…