Daily Chinese EV News 1.On December 11th, Li Xiang, CEO of...
Daily Chinese EV News
1.On December 11th, Li Xiang, CEO of $Li Auto(LI.US$ Auto, posted on Weibo the sales ranking of mid-to-large SUVs of China Automobile Data Terminal Retail Data in November 2021. The Li ONE ranked first with 13,438 vehicles, and the second was SAIC $VOLKSWAGEN AG UNSPON ADS EACH REP 0.1 PREF SHS(VWAPY.US$ Teramont with 5668 sales. The $NIO Inc(NIO.US$ ES8 ranked sixth with 2,356 vehicles.
2. On December 10, $Science Applications International(SAIC.US$ Motor stated that the first phase of United Auto Battery has reached a production capacity of 26Gwh and has started the construction of the second phase of 16Gwh battery cell production line. It is planned to be completed and put into operation by the end of next year.
3. On December 10, $NIO Inc(NIO.US$ said that NIO has reached 700 replacement stations. The number of constructions increased nearly 10 times year-on-year, and the 2021 target was completed ahead of schedule.
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simplyZuan : that's why Li price has gone up .. more sharing the same P/S as Nio. but Nio has more future installed. can't wait to hear what surprise nio mgmt has on 18 Dec.