Phate Zhang

The next opportunity is at AIGC and auto, where Xpeng's deeper collaboration with Nvidia is about to begin, the EV maker's CEO said.

As sales climb, overall customer satisfaction in China's NEV industry slips, according to JD Power.

The factory's hiring of general workers signals that Xiaomi's EVs are about to enter production, according to local media.

Xpeng launched the G9 and P7i to the European market in February and opened customer orders in Denmark, Norway, the Netherlands and Sweden at that time.

Zeekr plans to begin a new round of communications with investors in late August with an IPO valuation expected to be well over $13 billion, according to local media.

Xiaomi has become the fourth company to receive NDRC approval since the end of 2017, bringing it one step closer to mass production of EVs, according to Reuters.

Rox Motor has launched its first model, the Rox 01 EREV, which shares a large number of suppliers with Li Auto and has a significant price overlap with the Li L8.

Zeekr's three current models target niche segments, while three new models to be launched this year and next will target the mass market.

Xiaomi originally chose CATL as a tier 1 battery supplier for its EV unit, but has reworked its strategy to reduce costs.

To ensure production capacity, the phase 1 battery line at Tesla's Shanghai factory, which had previously been shut down, is scheduled to resume production in September, according to local media.