Lei Kang

Excluding exports, domestic NEV sales were 856,000 units in May, up 40.8 percent year-on-year and up 16.3 percent from April.

The 5-seat Bao 3 measures 4,605 mm in length, weighs 2,150 kg and supports a top speed of 201 km/h.

China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date.

The Xpeng M03 is powered by two different motors with peak power of 140 kW and 160 kW, respectively. It has lithium iron phosphate batteries from BYD.

Nio's fourth-generation battery swap stations are more open, supporting service for multi-brand vehicles with more battery pack sizes.

In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.

Denza's first flagship store in Hong Kong will open at the end of June, and it will enter more overseas markets in the future.

China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.

The right-hand drive version of the Zeekr X is expected to be available in markets including Thailand, Singapore, Hong Kong and Macau starting in the third quarter.

Workers at the Xiaomi EV factory work 10-11 hours a day, six days a week, according to local media.