Phate Zhang

The 2026 Xia MPV carries an official starting price of RMB 206,800 ($29,020), representing a 17.21 percent reduction compared to its predecessor.

Accompanying William Li on the European trip are Firefly president and Nio CFO Stanley Qu, who also heads Nio Power.

Tesla China's wholesale sales in October totaled 61,497 units, a 9.93 percent year-on-year decline and a 32.28 percent drop from September.

Three consecutive weeks of weekly deliveries exceeding 10,000 units propelled Nio Inc's monthly deliveries to a new high.

The current Stelato S9 sedan measures 5,160 mm in length and offers both BEV and EREV options, with a starting price of RMB 309,800 ($43,490).

Geely will also utilize idle capacity at Lotus's Wuhan plant to produce new Geely Galaxy models through production line modifications.

Goldman Sachs' previous price target for Nio had already been significantly below the current stock price.

Beyond additional investment from founding shareholders, Mirattery has brought in two state-owned enterprises as shareholders.

Aridge has produced the first flying body of its Land Aircraft Carrier modular flying car at its Guangzhou factory, marking the completion of its mass production line.

Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.