Phate Zhang

BMW will leave the remaining order of about 70 GWh of its 160 GWh battery needs to be shared between CATL and Eve Energy, according to local media.

ES6 deliveries in September were down 8.2 percent from August, but its contribution to Nio's monthly deliveries rose.

CATL's share of the global EV battery market in January-August rose from January-July, while BYD declined slightly.

Li Auto's management believes China's NEV penetration will reach 90 percent by 2028, when it will need to sell at least 3 million vehicles annually if it is to become one of the top five players, according to local media.

Haomo unveiled three ADAS kits priced as low as $410 and not relying on high-definition maps to capitalize on the opportunity presented by smart driving features that will cover the vast majority of new cars over the next two years.

During the third quarter, Tesla delivered 139,624 vehicles in China, accounting for 32.1 percent of its global deliveries of 435,059 vehicles.

Three days ago, on October 8, wait times for four of Nio's least expensive models were all reduced to 2-3 weeks.

WM Motor still has commercial value and some of its creditors are willing to reorganize, it said.

Xpeng emphasized that the move does not affect businesses including commerce and production. The company fell more than 10 percent in the US on Monday.

Most of last week was covered by China's long National Day holiday -- which ran from September 29 to October 6.