Lei Kang

As of November 10, a total of 4.48 million NEVs has been sold in China this year, up 78.1 percent year-on-year.

Zvision closes tens of millions of dollars in Series C funding, raising nearly $100 million this year.

A Chinese court has ordered the man to publicly apologize to Tesla in a newspaper and pay compensation of 10,000 yuan.

It took BYD 13 years to see its first 1 million NEVs produced, and an additional year and a half to see the number go from 1 million to 3 million.

Although Xpeng has not directly adjusted the prices of its models, the discounts to some extent amount to a price cut in disguise, local media said.

Despite the steep price cuts, industry watchers remain pessimistic about the performance of the Mercedes-Benz EQ series in China.

Every RMB 100,000 increase in the price of lithium carbonate will have a 2 percentage point impact on Nio's gross margin, the company's CEO previously said.

In Hangzhou, Nio's battery swap stations number 39, covering all 13 local districts.

BYD appears to be shipping test vehicles for the first model of its Yangwang brand in preparation for winter testing.

BYD is building a new sedan for each of its Dynasty series and Ocean series, according to local media.