Phate Zhang

The Li L6, based on Li Auto's second-generation extended-range platform, is a premium mid-to-large-size five-seat SUV aimed at young families, it said.

Reuters reported that Tesla has canceled its long-promised low-cost car expected to start at about $25,000. Musk called the report a lie.

Nio said a month ago that its 150-kWh ultra-long-range battery pack will come online in the second quarter, and is the largest capacity battery pack mass-produced in China's passenger car segment.

BYD will launch its first new energy pickup truck model within this year, developed specifically for the global market, CnEVPost has learned.

Tesla is offering a limited-time finance policy in China with down payments as low as RMB 79,900 and 0-interest loans for up to 5 years.

Cars for personal use will be eligible for 0 percent down payment, while previously consumers were required to pay at least 20 percent of down payment for conventional cars and at least 15 percent for NEVs.

Talent said its solid-state battery cell prototype has an energy density of 720 Wh/kg, which is twice the energy density of Nio supplier WeLion's semi-solid-state battery cell.

The SU7 has gained more than 100,000 firm orders in just a few days of its launch, with the number of locked-in orders already exceeding 40,000, Xiaomi's founder said at a ceremony marking the model's first delivery.

Denza launched the updated N7 on April 1 at a starting price 20.54 percent lower than its predecessor.

Tesla delivered 386,810 vehicles globally in the first quarter, missing estimates but regaining the BEV crown over BYD.