Phate Zhang

Three consecutive weeks of weekly deliveries exceeding 10,000 units propelled Nio Inc's monthly deliveries to a new high.

The current Stelato S9 sedan measures 5,160 mm in length and offers both BEV and EREV options, with a starting price of RMB 309,800 ($43,490).

Geely will also utilize idle capacity at Lotus's Wuhan plant to produce new Geely Galaxy models through production line modifications.

Goldman Sachs' previous price target for Nio had already been significantly below the current stock price.

Beyond additional investment from founding shareholders, Mirattery has brought in two state-owned enterprises as shareholders.

Aridge has produced the first flying body of its Land Aircraft Carrier modular flying car at its Guangzhou factory, marking the completion of its mass production line.

Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.

From January to October, Geely Galaxy sold 1,002,461 vehicles, surpassing its annual sales target of one million units ahead of schedule.

This marks the second consecutive month of year-on-year decline in BYD's monthly sales.

This marks Nio Inc's first monthly deliveries exceeding 40,000 units and its third consecutive month of record-breaking performance.