Phate Zhang

Tesla Model Y retail sales in China were down 36.39 percent in October from September, while Model 3 was up 9.33 percent.

October was the first full month of deliveries for the updated G9 since its launch on September 19, and monthly deliveries were an all-time high for the model.

SAIC-GM has become the first automaker in China to plug into Tesla's charging network, with Cadillac and Buick-branded models based on the Ultium platform getting access to some Tesla chargers.

In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.

Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year.

Nio is considering "any kind of partnerships" in North America, the company's US CEO Ganesh Iyer said.

The Bao 5 SUV is available in three variants with a starting price of RMB 289,800 and can accelerate from 0 to 100 km/h in 4.8 seconds.

Li Auto's third-quarter results were somewhat mixed, with a strong outlook for fourth-quarter sales, according to Deutsche Bank.

Li Auto reported gross margin of 22.0 percent in the third quarter, higher than 12.7 percent in the same period last year and 21.8 percent in the second quarter.

Alps is rumored to no longer be a standalone program, with the team's personnel assigned to various Nio divisions and some positions cut.