Phate Zhang

Tesla sold 40,485 vehicles in China in October, the lowest since April, as exports from its Shanghai factory rose 72.41 percent from September.

Deutsche Bank said the Xpeng P7+ is competitively priced and is longer, taller and has a larger wheelbase compared to its class rivals.

The P7+ received 31,528 firm orders three hours after launch, breaking records for all other models in Xpeng's history, the company said.

The P7+ starts at RMB 186,800 ($26,100), 11 percent below the pre-sale price. It received more than 10,000 firm orders in the first 12 minutes.

Nio delivered a record 61,855 vehicles in the third quarter, within the guidance range of 61,000 to 63,000 vehicles.

Zeekr has delivered a Zeekr 001 to its first car owner in Norway, after announcing its entry into the European country a month ago.

BYD plans to use smart driving features as a weapon to drive sales growth next year, as the marginal effect from price advantage begins to wane, according to local media.

CATL has recently entered the trial production stage of 20 Ah samples, meaning the battery solution is initially finalized and it is starting to enter the production technology exploration stage, according to local media.

Everything you need to know about Xpeng's 2024 AI Day event.

Xpeng unveiled the Kunpeng hybrid system, which it said delivers up to 1,400 km of combined range and up to 430 km of battery range.