Phate Zhang

After Nio's president said last month that European sales had fallen short of expectations, the company has begun evaluating dealers in key European markets, according to Reuters.

Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted.

WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts.

Li Auto today shared five more images of the Li Mega and hinted that the MPV's wind resistance will be as low as that of a coupe.

BYD's average profit per vehicle improved by about RMB 2,700 in the third quarter from the second quarter, driven primarily by scale advantage, analysts said.

Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.

BYD expects its net profit for the first three quarters to be RMB 20.5 billion - RMB 22.5 billion, up 120.16 percent - 141.64 percent year-on-year.

As of October 15, Li Auto was at 17,800 so far this month, Tesla at 8,400, Nio at 5,100 and Xpeng at 4,600 units.

Li Auto CEO shared two camouflage-free images of the Li Mega and hinted that the model will have very low wind resistance.

Nio's first chip, a LiDAR master chip, will begin mass production in October, the company previously said.