Phate Zhang

NOP+ has achieved full coverage on Beijing's city ring roads, including the 2nd, 3rd, 4th and 5th ring roads, as well as fast roads and highways, Nio said.

Deliveries are usually relatively slow at the beginning of the month, and Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.

The Nio ET5 and ET5 Touring sold 2,479 and 1,339 units in June, contributing 23.15 percent and 12.51 percent of deliveries, respectively.

Audi is considering buying a platform from a competitor for the first time in China to shorten the development time of its models, according to German media outlet Automobilwoche.

In June, Tesla had an 11.16 percent share of the Chinese NEV market and a 16.53 percent share of the Chinese BEV market.

EV buyers in Israel currently enjoy a 20 percent purchase tax, well below the 83 percent for regular gasoline vehicles.

Cadillac has turned a package of benefits into an option that reduces the Lyriq's prices in China by RMB 60,000 and also offers a limited-time discount of RMB 18,000 on the model.

By the end of June, China's pure electric vehicle ownership stood at 12.594 million, accounting for 77.8 percent of total NEVs.

The statement in the pledge, "not to disrupt the fair competition order of the market with abnormal prices," was inappropriate and inconsistent with the principles of China's anti-monopoly law, the CAAM said.

Nio launched the ET5 in Europe in October 2022, with deliveries of the sedan there beginning on March 31.