Phate Zhang

With retail sales of 1,385,455 units in the January-July period, BYD topped China's NEV market with a 37.2 percent share, ahead of second-place Tesla China at 8.7 percent.

Deutsche Bank expects Xpeng to report mixed results for the second quarter, while the outlook for the third and fourth quarters will show meaningful sequential improvement driven by a strong G6 order book.

Nio's William Li said the Nio phone is about providing a better digital key experience for car owners, and this article explains how.

Li Auto plans to launch four new models in 2024, including an EREV and three BEV models.

While Li Auto's underlying execution remains strong, Nio, Xpeng will be more compelling growth stories in coming quarters, said Deutsche Bank.

Images shared by multiple automotive bloggers show the prototype in the engineering stage, with the front windshield yet to be installed and the interior far from finished.

Li Auto expects third-quarter vehicle deliveries to be in the range of 100,000 to 103,000 units, implying year-on-year growth of 277.0 percent to 288.3 percent.

In the Chinese BEV market, Tesla's share was 7.46 percent in July, down from 16.53 percent in June, but up from 2.34 percent a year earlier.

Major EV makers saw insurance registrations in China generally decline last week, as the beginning of the month usually sees lower numbers, with Tesla being one of the few to grow.

Last week, William Li accompanied several foreigners on a tour of a battery swap station, sparking a new round of rumors that Nio and Mercedes-Benz had entered into a partnership.