NIO Singapore's listing was approved or became the first smart electric vehicle company to be listed in three places

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WEILAI may become the first smart electric vehicle company listed in the three places

On May 6, NIO announced that it had obtained a conditional listing qualification letter for the secondary listing on the Main Board from the Singapore Exchange (SGX) and would issue listing documents this month. Nio's listing will adopt the method of introducing the listing, and will not involve new share issuance and capital raising.

The listing on the SGX, Weilai may become the first smart electric vehicle company listed in the three places.

Industry insiders believe that after Weilai landed on the Singapore Stock Exchange, it broadened the company's overseas financial financing channels, which is conducive to further attracting international capital, and will also increase THE exposure of WEILAI in mature capital markets such as Asia, Europe, and even the Americas. CITIC Securities pointed out that the intelligent electric vehicle companies represented by Weilai are in an accelerated period of profit improvement, and the sustainable competitiveness of products through technological innovation is conducive to improving profitability in the long run. (China Securities News)

NIO responded by being included in the "pre-delisting list" by the US SEC: striving to maintain its listing status on the Hong Kong Stock Exchange/New York Stock Exchange

On May 5, in response to the US SEC's inclusion of NIO in the "pre-delisting list", NIO responded that "NIO has been actively exploring possible solutions to protect the interests of stakeholders." The Company will continue to comply with applicable laws and regulations and strive to maintain its listing status on the HKEX/NYSE. ”

Nezha appointed chief brand officer

On May 5, Nezha Automobile appointed Chen Ciliang, former general manager of Tmall International Marketing Department, as vice president and chief brand officer of Nezha Automobile.

CATL: The company's battery production capacity is expected to reach more than 670GWh before 2025

On May 5, CATL disclosed the announcement of the prospectus that the company's current production capacity could not meet the future market demand. Since the company released the issuance plan, it has successively announced the relevant battery production capacity special construction base project, with a total investment amount of no more than 65.5 billion yuan, assuming that according to the investment intensity of about 300 million yuan / GWh, the corresponding production capacity is about 218GWh. At the same time, the investment project will add an annual production capacity of about 135GWh of lithium-ion batteries. The total new capacity mentioned above is about 353GWh, and according to the current capacity supply of 280GWh, the capacity increase is 126.07%.

From the perspective of capacity demand, according to estimates, the company's battery production capacity is expected to reach more than 670GWh before 2025. From the perspective of future capacity demand and the company's existing capacity, the company's capacity gap in 2025 is not less than 390GWh. In addition, according to estimates, the average gross profit margin of each year after the production of production capacity construction projects issued to specific targets is between 17% and 22%, and the internal rate of return is between 16% and 17%.

CATL: Reached strategic cooperation with the National Energy Group, SDIC, Three Gorges Group, etc. in energy storage

CATL said in the latest disclosed investor relations activity record table that in terms of energy storage, the company actively develops customers, and in China, it has reached strategic cooperation with leading energy companies such as National Energy Group, Guodian Investment, China Huadian, China Three Gorges Group, and China Energy Construction; overseas, it has carried out in-depth business cooperation with nextera, Fluence, Wartsila, Tesla, Powin and other top ten international energy storage needs customers.

The CATL U.S. factory has entered the final stage of review

On May 6, it was reported that CATL had entered the final stage of its review of factories producing electric vehicle batteries in the United States. CATL is in talks to open factories to supply BMW and Ford with potential locations in Kentucky and South Carolina. (Beijing Business Daily)

SAIC Motor: Exploring the separation of vehicle electricity and the ecology of power replacement and energy replacement will push more power exchange models

On May 5, SAIC Motor said at the 2021 annual performance briefing that at present, SAIC Motor is accelerating the exploration of innovative business models for the separation of vehicle and electricity and the energy replenishment ecology of power exchange. SAIC motor said that SAIC passenger cars officially launched the Roewe Ei5 power replacement model for the taxi market in April 2021, and it is expected that a larger-scale replacement model will be launched in the future. SAIC will launch the power exchange version according to the market situation and the construction of the power exchange ecology, and SAIC is open to the choice of power exchange ecological partners.

Liu Tao of Zhiji Automobile: Considering the introduction of low-risk suppliers In the first round of public financing planning

Liu Tao, co-CEO of Zhiji Automobile, said that the epidemic has brought new thinking to the industrial chain, considering the introduction of some low-risk suppliers, or simplifying complex products and processes. Liu Tao introduced that the first round of public financing of Zhiji Automobile is already planned. (The Paper)

BMW's first pure electric medium-sized sports sedan rolled off the production line at the Shenyang Lida plant

According to the BMW Group, on May 5, BMW's first pure electric medium-sized sports car, the new BMW i3, officially rolled off the production line at the Lida plant, the third vehicle plant of the BMW Group's production base in Shenyang. During the year, the BMW Group is expected to produce and trial-produce 15 pure electric models, covering about 90% of the luxury car segment.

The price increase of the M5 four-wheel drive version of the Q&A model was raised by up to 15,000 yuan

On May 5, AITO Motors announced a price adjustment for the M5 4WD model. The price of the M5 four-wheel drive performance version model increased by 15,000 yuan, the price of the four-wheel drive flagship model increased by 12,000 yuan, and the price of the four-wheel drive to the best version model was not adjusted for the time being. The price adjustment will take effect from 00:00 on May 6, and users who are scheduled before 00:00 on May 6 will not be affected by this adjustment.

Dongfeng Nissan Infiniti business headquarters senior personnel adjustment

On May 5, Dongfeng Nissan announced that from May 2022, Xin Yu, general manager of Dongfeng Nissan Automobile Sales Company, will concurrently serve as the head of the headquarters of Dongfeng Nissan Passenger Vehicle Company Infiniti, and Wang Baojun will serve as the deputy head of headquarters. At the same time, Mao Limin will serve as vice president of Nissan (China) Special Projects and general manager of Infiniti China Management Committee.

BMW Group's first-quarter revenue of 31,142 million euros increased by 16.3% year-on-year

On May 5, the BMW Group released a financial report showing that first-quarter revenue was 31.142 billion euros, an increase of 16.3% year-on-year; pretax profit was 12.227 billion euros, an increase of 12.1% year-on-year; and net profit was 10.185 billion euros (2.833 billion euros in the same period last year). BMW said group revenue was boosted by the full integration of BMW's joint venture in China, which has contributed 3.3 billion euros in revenue to the group since mid-February.

Audi Group's first-quarter revenue of €14,282 million slightly increased 1% year-on-year

On May 5, Audi released a financial report showing that first-quarter revenue was 14.282 billion euros, an increase of 1.52% year-on-year; operating profit was 3.468 billion euros, up 147% year-on-year, a record high; and sales returns were 24.3% (10.0% in the same period last year).

Tesla raises the price of FSD feature selection in Northern Canada

Finance Associated Press, May 6, after extending the fully autonomous driving (FSD) test program to Canada more than a month later, Tesla raised the price of FSD feature options in northern Canada. The price of this optional feature has risen by $2,200 to $12,800 from $10,600.