Phate Zhang

The Nio ET5 and ES7 -- known as the EL7 in Europe -- both earned the highest five-star rating in the latest Euro NCAP safety tests, following the ET7 sedan.

Goldman Sachs believes the market has yet to fully reflect the potential of the G6, with the model ranking No.1 among comparable models, and which is the most competitive product released by Xpeng to date.

Amid positive sector sentiment, investors are inclined to take opportunities on laggards like Nio to play the catch-up, Morgan Stanley said.

Based on its latest plans, Nio has slowed down some of the equipment purchases for its battery factory, according to local media.

BYD World went live first in Ecuador, tomorrow it will go live in Chile, and in a few weeks it will be available in all Latin American countries.

By then, the energy density of lithium batteries could reach 500 Wh/kg, providing EVs with two to three times the range of liquid lithium batteries and tying the range of fuel vehicles, TrendForce said.

NOP+ has achieved full coverage on Beijing's city ring roads, including the 2nd, 3rd, 4th and 5th ring roads, as well as fast roads and highways, Nio said.

Deliveries are usually relatively slow at the beginning of the month, and Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.

The Nio ET5 and ET5 Touring sold 2,479 and 1,339 units in June, contributing 23.15 percent and 12.51 percent of deliveries, respectively.

Audi is considering buying a platform from a competitor for the first time in China to shorten the development time of its models, according to German media outlet Automobilwoche.