Lei Kang

Overseas markets contributed 9 percent of Xpeng's deliveries in January-August, as the company aims to increase this proportion to 50 percent over the coming decade.

A Leapmotor executive previously said the first model in the D series targets a price point of around RMB 300,000 ($42,180).

In September, China's passenger NEV retail penetration rate is projected to reach a record 58.1 percent.

China's total passenger vehicle retail sales from September 1-14 totaled 732,000 units, down 4 percent compared to the same period last year.

The AUDI E5 Sportback rivals the Nio ET5 Touring in size and boasts a range of up to 773 km.

The S9T is Stelato's second model following the S9 sedan, with a starting price of RMB 309,800 ($43,580).

The move aims to reduce reliance on a single supplier and lower costs.

Chery passed the Hong Kong Stock Exchange's listing hearing on September 7 and is expected to begin trading in Hong Kong later this month.

Over 50 percent of these orders are for the two highest-priced Ultra variants of the model.

The Nio main brand recorded 2,425 insurance registrations last week, Onvo 2,620, and Firefly 1,125.