Phate Zhang

Nio's in-house developed first-generation chips will be based on the 7 nm process and include a smart cockpit chip, an autonomous driving chip, and other chips including a CMOS image sensor chip, according to local media.

No one has really thought about how to design a phone around a car before, Li said.

The European version of the Zeekr X supports map navigation in 32 European countries and nine languages, and meets E-NCAP's five-star crash standards, Zeekr said.

Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.

Lens Technology has long supplied lenses and related glass components to Apple and is also a core supplier to Tesla.

The video of Nio launching the new EC6 features a phone showing the device with extremely narrow bezels and support for on-screen fingerprint unlocking.

The new EC6 starts at RMB 358,000, or RMB 288,000 under the battery rental purchase option.

If sales continue up the S-curves, EVs will make up between 62 percent and 86 percent of global car sales by 2030, with China's EV market share reaching at least 90 percent.

By the end of this year, Shenzhen residents can receive a subsidy of up to RMB 10,000 if they purchase NEVs when they scrap their old fuel cars.

At the current rate of consumption, coal will only last for 200 more years and oil for 50 more years, said BYD chairman Wang Chuanfu.