Phate Zhang

Xpeng delivered 13,690 vehicles in August, a new high since June 2022. That was up 42.93 percent year-on-year and 24.36 percent from July.

In the January-August period, Li Auto's market share in China for NEVs of RMB 300,000 and above exceeded 30 percent, the company said.

Nio is offering 30 free battery swaps, an online mall discount coupon worth RMB 2,000, and 1 year free usage of NOP+ to customers who buy its vehicles in September.

The Model S Plaid price has been cut by 19 percent and the Model X Plaid price by about 21 percent compared to the prices previously displayed on Tesla's China website.

The ES8 delivered 1,917 units in July, up 226.02 percent from June and a new high since December 2021.

Tesla unexpectedly started pre-sales of its revamped Model 3 in China today, with a higher starting price that may come as a relief to local rivals.

Nio is finally getting all-in on selling cars, making adjustments to its organizational structure, customer engagement, and sales team management to boost sales, according to local media.

Avatr's post-investment valuation reached RMB 20 billion, and Nio's stake in the company dropped from 0.81 percent to 0.67 percent.

SAIC's joint lab with QingTao completed tests to install first-generation solid-state batteries into prototype vehicles with a maximum range of 1,083 kilometers in the test vehicles.

The Xpeng X9 will be launched at the end of the fourth quarter and will likely make a limited contribution to this year's deliveries, the EV maker's management said earlier this month.