Author: Phate Zhang/CnEVPost

BofA further raises Nio price target, expects deliveries of 20,000-21,000 per month in Aug and Sep

Nio's vehicle deliveries in August and September are expected to be 20,000-21,000 units per month due to auto parts constraints, but parts supply will improve in the fourth quarter, BofA said.

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BYD officially unveils Fang Cheng Bao brand, DMO platform to target off-road market

Fang Cheng Bao's first model, the Bao 5, will make its real-life debut on August 25 at the Chengdu auto show. In addition to the Bao 5, BYD today unveiled the Bao 3, and the Super 8, a concept for the Bao 8.

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Revamped Tesla Model 3 expected to be launched in China this month, report says

Tesla's revamped Model 3 is expected to go on sale in China within half a month, with some stores already accepting reservations from consumers for the new model, according to local media.

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Tesla ups Model S and Model X discounts to as much as $9,600 in China

Tesla has nearly doubled the discounts for the Model S and Model X in China from what it was previously offering, after it began a promotion for both models on July 1.

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China EV insurance registrations for week ending Aug 13: Tesla 14,000, Li Auto 7,200, Nio 3,300

Between August 1 and August 13, Tesla vehicles had 25,400 insurance registrations in China, Nio 7,000, Li Auto 13,500, and Xpeng 5,200.

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Baidu’s car-making effort clears major regulatory hurdle, 1st model to debut under new brand in Q4

Baidu has partnered with Geely to create a new brand, Jiyue, with the first model, the Jiyue 01, entering a catalog of regulatory filings and is expected to debut in the fourth quarter.

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Evergrande NEV, mired in losses, announces $500 million investment from Middle Eastern investor

NWTN will get a 27.5 percent stake in Evergrande NEV and the right to nominate a majority of the board of directors, valuing the Chinese carmaker at $1.82 billion.

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