Lei Kang

Li Auto is reportedly undergoing massive layoffs that could involve more than 5,600 people, as sales fall short of expectations, according to local media.

China's retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date.

Baidu's self-driving ride hailing platform Apollo Go is close to break-even and aims to be profitable by 2025.

The BYD Shark can sprint from 0 to 100 km/h in 5.7 seconds and supports features including in-vehicle voice control and remote vehicle management.

The BYD Shark can accelerate from 0 to 100 kilometers per hour in 5.7 seconds, with an NEDC battery range of 100 kilometers and a combined range of 840 kilometers.

Deliveries of the regular variants of the IM L6 will begin at the end of May, while deliveries of the variant with semi-solid-state batteries are expected to begin in October.

The model looks like a production version of the Ocean-M concept, and the final name could also be Seal 06 GT, Seal Mini, or Seal 05 EV.

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.