Lei Kang

Xpeng CEO purchased 3.1 million Class A ordinary shares of the company on August 20-21 at an average price of HK$80.49 per share.

A Nio executive hinted that the starting price for the third-generation ES8 under the BaaS plan will be less than RMB 400,000 ($55,730).

So far this month, Leapmotor has delivered at least 28,659 cars.

In the first 17 days of August, China's total passenger vehicle retail sales came in at 866,000 units, up 2 percent year-on-year.

The Hyptec HL EREV is equipped with a 60-kWh Freevoy Battery provided by CATL, with a CLTC battery range of 350 km.

Xiaomi delivered a record 81,302 cars in the second quarter and is currently struggling to meet delivery demand in China.

Stelato began accepting pre-orders for the S9T on August 18, with a pre-sales price of RMB 328,000 ($45,670).

The gross margin for Xiaomi's innovative businesses, including EV and AI, was 26.4 percent in the second quarter, higher than 23.2 percent in the first quarter.

The Tai 7's interior design adopts a softer overall style, targeting the family car market, differing from the harder-edged style of the Bao 8.

Tesla has reintroduced the turn signal stalk as standard on the Model 3 sedan in China and is offering it as a paid option for vehicles already delivered.