Phate Zhang

Nio's net loss in the fourth quarter was a record RMB 7.11 billion yuan, an increase of 40.6 percent from the third quarter, as SG&A expenses hit a record high.

The first Megapacks made in Shanghai set sail today for export to Australia.

Pre-order price for updated Li Mega is the same as its predecessor, but with an upgrade of the smart driving chip from the previous two Nvidia Orin-X chips to a single Thor-U chip.

Media reporters can register online for Auto Shanghai 2025 after 9 am Beijing time on March 21, and the deadline is 8 pm on April 20.

CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.

The M5 Ultra starts at RMB 229,800 yuan ($31,720), a reduction of 20,000 yuan, or 8.01 percent, from its predecessor.

Nio will allow pioneer users to start testing the Nio World Model (NWM) in early April, as Tesla's FSD enters China and local peers have launched end-to-end solutions.

Zeekr reported a net loss of RMB 821 million ($112 million) in the fourth quarter, a year-on-year decrease of 72.1 percent and down 28.0 percent from the third quarter.

Nio today began allowing general visitors to test drive its executive flagship sedan ET9, with deliveries to begin on March 29.

Li Auto will update existing models in May, focusing on upgrades to smart driving hardware.