Phate Zhang

After 1,044 kilometers of driving, the Nio ET7 has a remaining charge of 3 percent or 36 kilometers of remaining CLTC range.

Nio will launch the ET9 at Nio Day 2023 on December 23, trying to enter a market dominated by models including Mercedes-Benz Maybach.

Li will drive an ET7 with a 150-kWh battery pack from Shanghai on December 17 at 6:30 am local time and live-stream his experience.

Xpeng said Alibaba's move was in execution of its capital management strategy and not due to a change in its view of the company.

In November, a total of 65,946 vehicles were registered in Shanghai, with passenger NEVs contributing 67 percent.

Nio will launch the Firefly brand in Europe in 2025, Reuters quoted the EV maker's president as saying.

Xpeng gave the X9 its debut on November 17 and began pre-sales with a starting price of RMB 388,000 yuan.

Innovusion said last month that it had exceeded 200,000 cumulative LiDAR deliveries.

Zeekr said its Golden Battery is the world's first mass-produced 800 V LFP ultra-fast-charging battery with 83.7 percent volume utilization and a maximum charging power of 500 kW.

Nio is still in the planning stages for entering North America, but will enter the UAE in 2024, William Li said.