Phate Zhang

Cumulative deliveries of the Li L7 exceeded 290,000 units, the most for Li Auto's L-series.

Shen Fei, head of Nio Power, replaces Ai as president of Onvo and reports to Nio co-founder and president Qin Lihong.

The monthly deliveries included 10,219 vehicles from the Nio main brand and 4,820 vehicles from the Onvo sub-brand.

In the first quarter, Li Auto delivered 92,864 cars, near the upper end of its previous guidance of 88,000 to 93,000 units.

A Xiaomi SU7 caught fire after crashing into a highway guardrail in an accident that killed three people in the car.

Nio saw its cumulative battery swap service exceed 70 million, less than four months after passing the 60 million milestone.

This is the sixth consecutive month that Xiaomi EV has seen monthly deliveries exceed 20,000 units.

In the first quarter, Xpeng delivered 94,008 vehicles, surpassing the upper end of its guidance range of 91,000 to 93,000 units.

Tesla has expanded its three-year, interest-free financing in China to cover the long-range variant of the Model Y, which also saw its delivery wait time cut in half.

The Tai 3 is the first model in Fang Cheng Bao's all-new Tai series and the brand's most affordable offering to date.