Phate Zhang

It has been about 7 months since the Mona M03 was launched, and the model has delivered more than 15,000 units per month in the past 3 months.

Nio's sub-brand Firefly said its first model will have five body color options and provided English names.

William Li talked about the reception of Nio's share placement, and said the company's in-house developed autonomous driving chip and operating system are open to the entire industry.

The first owner of the ET9 is Fang Hongbo, chairman of Chinese home appliance giant Midea, and his car was delivered personally by Nio's William Li.

Some vehicles in the recall have fire risk due to battery reliability and control strategy issues in the battery management system software.

BYD is offering discounts on three models, in a move that appears to be aimed at clearing inventory of older models after launching Smart Driving Edition updates.

Nio priced its new share offering at HK$29.46 per share, a 9.49 percent discount to Thursday's closing price in Hong Kong, for a total offering amount of HK$4.03 billion.

Nio plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.

Li Auto's Halo OS aims to challenge the closed-source AUTOSAR and is expected to save the automotive industry up to RMB 20 billion in investment each year.

This means that 7,153 P7+ cars have been delivered so far this month.