Lei Kang

Denza management had previously expected 10,000 units of the model to be delivered in December, although the current delivery schedule has been delayed from the previous one.

GAC Aion has brought in 53 strategic investors, paving the way for a possible IPO next year.

The order is estimated at $110 million and the project is expected to be completed and delivered by the end of 2022.

Envision AESC will build a battery plant in the US to supply BMW with a planned capacity of 30 GWh, with production scheduled for 2026.

The only way for Xiaomi's EV unit to succeed is to be one of the top 5 and ship more than 10 million cars annually, said Lei Jun.

Qin Lihong mentioned this in the Nio App in response to a user suggestion that Nio should offer consumers an additional option in Europe.

BYD said the move was a free choice for its shareholder and that the company had tried to communicate with BlackRock but did not receive any substantive information.

At next Monday's Tech Day event, Xpeng is expected to unveil new developments in the areas of assisted driving, smart interactions, smart robotics, and flying cars.

The battery production center is BMW's third in the world and its first outside Germany.

The Wey Coffee 02 will also be available in Europe in 2023, and will first be available in Belgium and France.