Phate Zhang

Li Auto had 11,300 insurance registrations last week, Xpeng 5,600, Zeekr 5,100, Leapmotor 8,500 and Aito 8,700.

The Xiaomi SU7 Ultra prototype completed its challenge at the Nürburgring with a lap time of 6:46.874, making it the fastest four-door car on the track, according to Xiaomi EV.

Chinese customers who order the Model 3 now can expect to get deliveries in 2-4 weeks, shorter than the previous 4-6 weeks.

Nio has added 285 battery swap stations in China so far this year.

Xiaomi founder Lei Jun calls the production version of the SU7 Ultra his dream car and the dream car built by Xiaomi EV for those seeking performance.

Tesla has extended its 5-year 0 percent interest loan in China until November 30, further renewing the incentive for car purchases that began in April.

The manufacturing site will be used to produce the flying body portion of Xpeng Aeroht's modular flying car, with a planned annual capacity of 10,000 units.

Svolt said it had to make the decision after the development of the European EV market failed to meet the expectations of all stakeholders.

Former Nio CFO Steven Feng has joined US-sanctioned surveillance camera maker Hikvision, after leaving the EV maker in early July.

A BYD executive expects the Shark to sell between 10,000 and 15,000 units annually in Brazil, which would make it a top 5 midsize pickup in the country.