Phate Zhang

The Nio Phone is a phone built around Nio's vehicles, offering an interaction with the vehicle that no other device can offer. The phone will begin shipping on September 28.

Nio's first smartphone will feature a 6.8-inch Dynamic AMOLED 2X display from Samsung Display, for which the company has orders for just 50,000 pieces, according to local media.

Leapmotor's deliveries fell to just 1,139 units in January, but with the March 1 launch of the C11 SUV's EREV variant, its monthly deliveries have moved back above 14,000 units over the past two months.

The new brand, which will be significantly differentiated from Honda's e:NS brand, will be based on an all-new all-electric platform and target a younger demographic.

The $500 million 2029 notes bear interest at a rate of 3.875 percent per year and the other $500 million 2030 notes at 4.625 percent.

The new G9 features the core capabilities of Xpeng's latest SEPA architecture and has a starting price that is RMB 46,000 lower than the old model.

Zeekr is seeking an $18 billion valuation in a planned US IPO, though investors believe that's higher than they expected, according to local media.

Wang Xing, CEO of Meituan, cashed in about HK$311 million last week in four consecutive sell-offs of Li Auto's Hong Kong-traded shares.

Between September 1 and September 17, Li Auto was 20,100, Nio was 9,900 and Xpeng was 6,900.

Nio will hold a launch event on September 21 from 11 am to 12 pm Beijing time to unveil a new mobile internet product, and it's expected to be its first phone.