Phate Zhang

This is a continuation of Tesla's price hike last week, when it raised the prices of the long-range versions of the Model 3 and Model Y slightly on November 9 in China.

The Sealion 07 will be an all-electric SUV based on BYD's e-Platform 3.0 and is expected to compete with the Tesla Model Y.

Wen Yonggang, Professor and Chair of the School of Computer Science and Engineering at Nanyang Technological University, Singapore, has been appointed as a new independent director of Nio.

Li Auto will hold a press event at the Guangzhou auto show on November 17 from 9:20 am to 9:40 am, at which time the Li Mega will begin accepting pre-orders.

Tesla Model Y retail sales in China were down 36.39 percent in October from September, while Model 3 was up 9.33 percent.

October was the first full month of deliveries for the updated G9 since its launch on September 19, and monthly deliveries were an all-time high for the model.

SAIC-GM has become the first automaker in China to plug into Tesla's charging network, with Cadillac and Buick-branded models based on the Ultium platform getting access to some Tesla chargers.

In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.

Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year.

Nio is considering "any kind of partnerships" in North America, the company's US CEO Ganesh Iyer said.