Lei Kang

The use of eVTOL aircraft can reduce the time it takes to reach the downtown from Pudong International Airport from 60-90 minutes to 10 minutes, Autoflight said.

CATL's share in April decreased by 0.22 percentage points from March, while BYD's increased by 1.58 percentage points.

Excluding exports, domestic NEV sales in April were 736,000 units, up 37.31 percent year-on-year but down 2.9 percent from March.

The NEV segment fared better than the overall automotive market, while PHEVs outperformed BEVs.

The Sterra ET SUV is the second model in Exeed's Sterra lineup after the Sterra ES sedan, with a starting price of RMB 189,800 ($26,280).

Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio's charging network.

The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media.

M-Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland.

Onvo's first model, the Onvo L60, will take on the Tesla Model Y, targeting the RMB 250,000 segment of the family-centric smart all-electric vehicle market, Nio said.

In April, China's retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March.