The wild card and upside is really if NIO's battery swapping becomes or plays a key role in a national standard that is currently being worked out.

There it is, and congrats to former VW Group China CEO Stephan Wöllenstein appointed as head of the Project Management Office (PMO). Well deserved.

May not be Merc, but one thing's certain, it's not an if but when question when it comes to opening up to others. See Tesla Ford GM.

Getting ready to go back to China again and setting up some local #robotaxi rendezvous...

Well as the topic suggests, it’s all been $NIO in recent days: earnings, “price cut” and ET5 Touring. We talk these and more on Thursday. @SinoAutoInsight @ChinaEVsandMore

Quoted: Lei Xing, an auto industry analyst and former chief editor at China Auto Review, saw Nio’s decision as “a long overdue change” to better adapt to the environment, and the first step in a series of potential measures to save costs and improve efficiency. $NIO

Looks like Li Auto will hit 30K in deliveries in June as expected. Wonder how long this momentum continues. $LI

Great conversation and great insights/advice from James in 🇨🇳 EV Inc.!

The fine print is NIO is basically letting the users decide whether they want the benefits (now have to pay RMB30K) that used to be included in the prior pricing: Lifetime free swap (4/month) 10-yr warranty Lifetime free telematics (8GB/month) Lifetime free roadside assistance

Well, NIO just announced a RMB30,000 price cut. You do what you gotta do to get to 180K.

Forget about doubling sales Forget about 200K If NIO gets to 180K this year (roughly 50% growth YoY), it’ll be a win.

#Fangchengbao sounds better than Formula Leopard.

G6 pre-sale price starting at RMB225K with a RMB2K deposit good for RMB5K toward the purchase. Probably will be closer to RMB200K when it officially launches. $XPEV

Hello 👀

Well, you can’t spell GM without a T. $GM $TSLA

Here’s Michael Kirsch, president and CEO of Porsche China talking about the average age of Porsche Chinese customers being only 35 years old. And yes there are 750,000+ owners in China. #75YearsPorsche

The collab no one saw coming

Tesla Ford GM electrify America $TSLA $F $GM

Who would have thought Tesla would become the biggest 3rd party fast charging provider? $TSLA

GM Tesla blowing up Twitter

CA+NV now.

👀

The party has already started in Guangzhou. #75yearsPorsche

Interesting comments from Zeng Qinghong, chairman of GAC Group, parent of GAC AION at the China Auto Chongqing Summit: "Not ruling out the possibility of Chang'an acquiring/merging GAC Group and industry eventually consolidates to 5 large Chinese automakers in China."

We are back this afternoon to talk May EV sales, stimulus, Volvo EX30 and More! @SinoAutoInsight @ChinaEVsandMore