Phate Zhang

Nio will increase its daily prices for standard-range battery upgrades to long-range ahead of the holiday, and offer discounts to encourage owners to upgrade on a monthly basis.

CATL launched the Shenxing Battery in China on August 16, saying it can get 400 kilometers of range on a 10-minute charge.

Leapmotor aims to launch 5 new global models in the next 2 years for sale in Europe, Asia Pacific, the Middle East and the Americas.

EV sales generally surprised to the upside in August as new product cycles continue to garner robust demand, according to Edison Yu's team.

After three years of operations in Europe, Xpeng is now gearing up to enter one of the world's most competitive auto markets, the Chinese EV maker said.

In the January-August period, Tesla sold 624,983 China-made vehicles, up 56.27 percent year-on-year.

Nio will launch the new EC6 on September 15, the Nio Phone on September 21, and hold Nio Day 2023 on December 23, according to the words of the EV maker's president shared by a Weibo user.

Tesla's Shanghai Megafactory is scheduled to begin construction in the third quarter this year and start production in the second quarter of 2024, according to an April announcement.

BYD's sales are still largely coming from China for now, and will further challenge the top players when sales improve in overseas markets, TrendForce said.

Tesla is showcasing the revamped version of its Model 3 at a services trade fair in Beijing, after unveiling the model on September 1 for pre-sale in China.