Phate Zhang

The land is located in Jinshan district in southwestern Shanghai and covers an area of about 1.13 million square meters.

Xpeng's Turing chip will be officially mass-produced in the second quarter, and will first be used in one of its new models, according to local media.

CATL reported net income of RMB 13.96 billion ($1.9 billion) in the first quarter, up 32.85 percent year-on-year, albeit down 5.30 percent from the fourth quarter of 2024.

This is the first time Nio ES9 has been widely mentioned on a social media platform.

Nio reached its 100,000th delivery in Shanghai, marking a milestone for it in the city where it has its global headquarters.

Nio Power has struck a deal with a state-owned enterprise in Yunnan to build battery swap stations in the province.

Shanghai now allows non-locally registered vehicles to be used to apply for trade-in subsidies of up to RMB 15,000.

China is delaying approval for BYD and Geely to produce cars in Latin America as US tariffs fuel trade and economic uncertainties, Reuters reported.

BYD's share increased by 0.90 percentage points in March from February, while CATL's fell by 2.07 percentage points.

Tesla has stopped taking orders for Model S and Model X in China, likely due in part to a worsening trade war that has hit both imported models.