China EV Daily (July 20): NIO’s Power Day reveals, SAIC-Audi cooperation, Leapmotor’s potential tech export, Tesla Q3 forecast, NETA S 2024 on sale

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[NIO] On July 20, the 2023 NIO Power Day was held in Beijing. NIO announced that the Power Journeys Silk Road charging route was officially opened, and released a “daily battery flexible upgrade service”, a new battery swap fee standard, V2G charging stations, and other innovative services, technologies, and products. By continuously upgrading the charging experience, it continues to create a better full-scene charging experience for users. — Autohome

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[SAIC] On the afternoon of July 20, the person in charge of SAIC Group responded to the previous rumors that Audi had purchased SAIC’s electric platform, stating that SAIC and Audi had reached a consensus, and the two parties would accelerate the development of electric vehicles through cooperation. — China Securities Journal

[Leapmotor] On July 20, according to industry insiders, overseas companies are currently in talks with Leapmotor, a Chinese new energy vehicle startup, for technological cooperation, and substantial progress has been made. Once the cooperation is reached, Leapmotor will become the first Chinese new energy vehicle startup to export its technology. Upon receiving this news, Gasgoo immediately contacted the relevant person in charge of Leapmotor for confirmation, but as of the time of writing, no response has been received. — CNC

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[Tesla] On July 20, during the second-quarter earnings call, Tesla CEO Elon Musk said that if the overall economic environment is unstable, price reductions will continue. He expects that the production volume in the third quarter of 2023 will be slightly lower than in the second quarter. This is mainly due to the fact that all Tesla factories are about to be upgraded, and some production capacity may be idle during the upgrade period.

[NETA] On July 20, the 2024 model of NETA S officially went on sale, priced at 159,800-269,800 yuan. The 2024 NETA S has added a 1060Lite version and a 1060 version with a battery mileage of 200km and has been upgraded in terms of configuration, performance, and battery mileage. — Yiche

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