Lei Kang

China's auto industry price war faded in April, easing consumer wait-and-see sentiment and releasing suppressed demand, the CPCA said.

CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Tesla Model 3, Model Y, SAIC Mulan, and the Chinese commercial vehicle market, according to SNE Research.

Nio has accused a Douyin vlogger of spreading false information about its price discrimination against Chinese consumers.

The wait time for the Nio EC7 is now about 5 weeks, longer than the previous 4 weeks, and the ET7 is about 3 weeks, down from about 4 weeks.

Nio has opened 46 Nio Houses and Nio Spaces in commercial real estate projects managed by China Resources.

Qingchun was founded in March 2021, and the core team members have been involved in SiC semiconductor technology for over 20 years, according to Nio Capital.

This is the first such permit issued in Guangzhou, where Pony.ai's 17 robotaxis have been approved to provide robotaxi service without safety officers.

SiC power devices offer higher powertrain efficiency, enabling improved performance, faster charging and longer driving range.

Buick Electra E5's aggressive pricing in China has garnered a good initial reception.

Denza has yet to announce the price of the N7, though it is expected to target the RMB 400,000 market.