Phate Zhang

Some of the vehicles included in the recall may have a roof trim panel with insufficient primer, which in extreme cases can come off the vehicle.

Nio made significant changes to its BaaS service on March 14, making it easier for car owners to buy out batteries while lowering the cost of monthly rentals.

The Zeekr 7X will begin deliveries in China by the end of September, followed by global deliveries within a year.

The two updated Model Ys include a 5-seat version codenamed Juniper, which is expected to begin deliveries in the first quarter of next year. The other is a 7-seat version expected to begin deliveries in the fourth quarter of 2025.

Tesla plans to launch a seven-seat version of the Model Y in China and Europe in October, with production of the model already underway at Giga Shanghai, according to local media.

Tesla had approached Ottawa to lower tariffs on its cars ahead of Canada's announcement this week of a 100 percent tariff on China-made EVs, Reuters reported.

BYD's net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter.

Nio's retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said.

Li Auto reported second quarter results that were generally in line with expectations, with net income up 86.24 percent from the first quarter while gross margin slipping to 19.5 percent.

Xpeng's Turing chip saw a successful tape-out, with one chip having three times the computing power of the autonomous driving chip it currently uses.