Lei Kang

Nio completes offering of 136,800,000 shares of class A ordinary shares at an offering price of HK$29.46 per share.

The Zeekr 007 GT will be available in overseas markets and will be rebranded as the Zeekr 7 GT.

The Han L and Tang L are BYD's first models to support the 10C charging multiplier, which enables charging as fast as refueling a gasoline vehicle.

China's NEV retail penetration was 52.3 percent in March and 47.67 percent year-to-date.

Counterpoint highlighted BYD's tech leadership, vertically integrated production model, and the fact that Tesla is facing multiple challenges.

China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.

Song, Qin and Seal are the top three BYD lineups in terms of sales in March.

Shen joined Nio in 2015 and is one of the company's earliest core management members.

BYD sold a record 72,723 vehicles overseas in March, an increase of 89.22 percent year-on-year and up 8.50 percent from February.

The deliveries included 15,422 Zeekr brand vehicles and 25,293 Lynk & Co vehicles.