Phate Zhang

That's in contrast to Nio's William Li's view that the automotive industry is not a winner-take-all business, but rather one where there is a great deal of personalized demand to be met.

Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media.

The animated video showcases the Nio ES8's self-driving capabilities, zero-gravity seat, and elegance on the road.

Voyah said it and Huawei will accelerate the large-scale commercial application of intelligent technologies through the exploration of collaborative vehicle models.

Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand's EV market with a 40 percent share.

This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today.

The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project's A-class sedan is scheduled for launch in the second half of the year.

Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.

Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory in the US to produce 4680 batteries, according to local media.

Ganfeng will supply battery-grade lithium hydroxide products to Hyundai Motor under a contract valid from January 1, 2024 to December 31, 2027.