Phate Zhang

The vlogger was ordered to publish an apology on his channel and pay Nio financial damages of RMB 80,000 yuan ($11,640).

BYD's biggest organizational change so far this year is to let its car brands operate independently, according to local media.

Xpeng previously said the City NGP feature will be implemented on multiple models in several cities, including Shenzhen and Shanghai, starting in March.

Ningbo Tuopu said its strategic partnership with Nio uses an innovative T0.5 collaboration model that will provide the latter with better products and services.

Li Auto's first all-electric model will go into production at its Beijing plant, with an annual capacity of 100,000 all-electric vehicles in the first phase.

The management teams of Xpeng's direct sales channel and its authorized dealer channel have been combined to reduce unnecessary competition for interest from within, according to local media.

The price of lithium, a raw material for batteries, has accelerated its decline, with industrial-grade lithium carbonate falling RMB 7,500 per ton to RMB 302,500 per ton today.

"We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics," Edison Yu's team said.

Tesla vehicles were 17,032, up from 13,266 the previous week. Nio was 2,170 units, down from 3,345 the previous week.

Nio delivered 12,157 vehicles in February, including 6,471 ET5s, 649 ET7s and 2,848 ES6s.