Phate Zhang

As of this writing, Seyond was up 7.5 percent to HK$10.75 per share, with a market capitalization of HK$14.6 billion ($1.88 billion).

The YU7 GT is likely to become Xiaomi's first model launched in the European market, competing with vehicles including the Tesla Model Y Performance.

EREV models with large battery packs not only sacrifice interior space but also create unnecessary cost burdens, said Onvo's president.

Mercedes-Benz and Momenta have launched a robotaxi fleet based on the Mercedes S-Class sedan in Abu Dhabi, with plans to commence operations in 2026.

Earlier this year, a report indicated that HIMA's first MPV model would be a luxury vehicle slated for launch in the first half of next year.

From January to November, the ES8 had retail sales of 24,471 units, marking a 198.90 percent year-on-year increase.

Xiaomi EV's November deliveries saw their first sequential decline since July, as SU7 series sedans experienced a significant drop.

Nio's November exports declined 2.78 percent from October but still marked the second-highest volume this year.

Compared to October, Tesla's retail sales in China rebounded in November, partly due to the launch of a new Model Y variant and the boost from selling inventory cars.

Chinese customers hoping for delivery before year-end may opt for in-stock vehicles.