Lei Kang

Nio Capital participated in a RMB hundreds of millions Series A round of funding for CIX Technology, after previously co-leading the company's Pre-A round.

"They developed very quickly, and they developed them in large scale. And now they're exporting them," Bill Ford said.

Chinese car penetration is expected to rise to 16.5 percent in Europe and 12.8 percent in Southeast Asia by 2025, according to Canalys.

The EC6 is the last remaining piece of the puzzle as Nio switches models from the NT 1.0 platform to the NT 2.0 platform.

The AITO M9 will be built on a new 800 V high-voltage platform, on which Huawei will place its new technologies in the cockpit and smart driving areas, according to Richard Yu.

BYD held a brand and product launch event in Italy, introducing the BYD Atto 3, Han, Dolphin and Seal to local consumers.

The price of the Li L9 without LiDAR could be at least RMB 40,000 less than the Li L9 Max at RMB 459,800.

From June 16 to June 30, Chinese consumers can receive an RMB 8,000 insurance subsidy if they purchase a rear-wheel drive version of the Model 3 that has already been produced.

At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.

Only about 2 months ago on April 13, Buick launched the Electra E5 SUV -- its first model based on GM's Ultium platform -- in China.