Phate Zhang

Xpeng CEO personally delivered the Xpeng X9 MPV to Nio's William Li during his visit to Volkswagen Anhui and Nio in Hefei.

The two motors of the updated Model 3 Performance have a power of 137 kW and 265 kW, and the supplier of the battery cells is South Korea's LG Energy Solution.

In the January-April period, BYD came in first in China's NEV market with a 34.3 percent share, while Tesla was No. 4 with a 6.7 percent share.

Nio will officially launch the Onvo brand on May 15 at 7:30 pm Beijing Time, when the event will be streamed live in video.

Zeekr's final pricing sits at the upper end of the range at $21 per ADS, valuing the company at about $5.13 billion, half of Nio's value.

The e-Platform 3.0 Evo brings higher integration and enhanced performance. The Sealion 07 EV starts at RMB 189,800 ($26,270) and will begin deliveries this month.

In the January-April period, Tesla sold 163,841 units in China, down 7.64 percent year-on-year.

The Avatr 07 will be Avatr's third model after the Avatr 11 SUV, Avatr 12 sedan and will be its first model that will be offered in both BEV and EREV variants.

The US government is set to impose new, targeted tariffs on some key sectors, including Chinese EVs, batteries and solar equipment, according to Bloomberg.

Two Yangwang U9s left for the UK on May 7 and will participate in the Goodwood Festival of Speed 2024 from July 11-14.