Phate Zhang

Chinese customers who complete their vehicle deliveries between May 25 and June 30 will have the chance to win a free tour of Tesla's Fremont factory in the US.

The two companies have agreed to engage in a comprehensive strategic partnership from 2025-2034, with Neta making CATL its preferred partner for vehicle power batteries.

The production cut is aimed at addressing weakening demand for Tesla's aged model in China, Reuters said.

BYD will launch its fifth-generation DM (Dual Mode) hybrid technology on May 28, which is expected to give vehicles a range of up to 2,000 km on a full tank of fuel and a full charge.

The Nio House in Amsterdam is Nio's second in the Netherlands and seventh in Europe.

William Li said that Nio plans to continue expanding in Europe despite tariff uncertainties in the European Union, and that many of the complaints raised by the EU do not make sense.

Xiaomi EV will challenge a delivery target of 120,000 units for the full year 2024, implying a 20 percent increase from the previous target of 100,000 units.

Tesla's Shanghai Megafactory is expected to go into production in the first quarter of 2025, with Megapack production of up to 10,000 units per year and nearly 40 GWh of energy storage, Tom Zhu said.

Nio delivered 30,053 vehicles in the first quarter, hitting its lowered guidance of about 30,000.

Nio said it hopes to use the partnership to promote exchanges with local young scholars, apply for European research programs, and conduct joint product development and testing.