Phate Zhang

BYD's Turkish plant has a planned annual capacity of 150,000 vehicles, and the signing was witnessed by the Turkish president.

Xpeng's new model, internally codenamed F57, will not be using any LiDAR and move to a pure vision solution similar to Tesla's FSD, a source familiar with the matter told CnEVPost.

The industrial park, which is adjacent to the Xiaomo Port, has already put into production the first phase of components and the second phase of vehicles.

Tesla sold 59,261 vehicles in China in June, down 20.15 percent year-on-year but up 7.33 percent from May.

Syensqo said it and Nio will work together to advance the application and development of more advanced materials for NEVs.

A C-level change is rarely positive news, but Nio's recent solid operation should help ease market concerns, thus preventing any panic knee-jerk reaction, Morgan Stanley said.

Codenamed CX1e, the model will be Zeekr's first family SUV, and will be Zeekr's second after the Zeekr 007 to target the mainstream EV market.

The 2025 BYD Dolphin continues to be offered in four variants at the same prices, but brings longer range to the entry and top-trim variants.

BYD said its partnership with Rever will expand from passenger cars to segments including commercial vehicles in the future.

Nio has narrowed down the candidate cities to host Nio Day 2024 from eight to three -- Guangzhou, Hangzhou and Xiamen, one of which will host the event.