Phate Zhang

Four of Nio's eight models saw slightly longer wait times, while two others saw shorter wait times.

They spread a large amount of false and inaccurate information, which seriously misled the market and disrupted the normal operation of Xiaomi's automotive business, Xiaomi said.

The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said.

Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.

At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.

BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.

Xpeng believes that expanding volumes is critical, and will continue to prioritize volumes into 2024, as well as improving profitability through cost reductions.

CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.

Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.

G6 delivered 8,750 units in November, contributing 43.66 percent of Xpeng's monthly deliveries of 20,041 units.