Phate Zhang

New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.

Neta has launched the Neta X SUV in Indonesia and said it is about to deliver its locally assembled vehicles to the first 500 owners.

Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.

Nio's sub-brand Onvo has promised that customers ordering L60s now will get deliveries within this year, saying that bottlenecks previously limiting capacity ramp-up are being quickly resolved.

Xpeng has launched the G9 and G6 SUVs and the P7 sedan in Spain and Portugal as it expands its European footprint.

By the end of August, Tesla had exported a total of 966,945 vehicles from China, according to data compiled by CnEVPost.

The Onvo L60 is currently only available with a 60-kWh battery pack, and deliveries of long-range vehicles with an 85-kWh pack are expected to begin in December.

Xpeng Aeroht has signed pre-order contracts with two companies for 150 modular flying cars worth nearly RMB 300 million ($42.8 million).

BYD's chief scientist expects solid-state batteries to be widely used in 5 years, starting with high-end models, the first time a BYD executive has spoken publicly on the topic in the last few years.

Tesla has further extended its 5-year 0-interest loan in China to October 31, making this car-buying incentive, which began in April, essentially the norm.