Phate Zhang

Nio vehicles registered 2,818 insurance units in China last week, including 1,794 ET5s.

Traffic and orders at Tesla stores in China's second- and third-tier cities have increased sharply after the price cut, with orders at stores in some cities up 500 percent from December, according to local media.

From January 2 to January 8, China NEV insurance registrations were 77,000 units, down from 163,700 units the previous week.

For the full year 2022, Tesla delivered 439,770 vehicles in China, up 37.11 percent from 320,743 vehicles in 2021.

Chinese consumers don't really have a lot of options when it comes to buying EVs right now, and the country's NEV market is far from a zero-sum game, said Tesla's Grace Tao.

Nio-backed startup Zhixing will build cars based on the NT 3.0 platform, and the first vehicle will be an ultra-high-end off-road SUV priced at the RMB 1 million ($150,000) level, according to local media.

As a beneficiary of the current era and an industry leader, CATL has a responsibility to maintain a good industry ecology, not bully the weak, he said.

Xpeng has signed strategic partnership agreements with two mobility services companies and completed the first deliveries of Xpeng P7 vehicles under the cooperation.

Buffett first reduced his BYD holdings on August 24, 2022, and has sold off a total of 7 times since then.

For Nio, the new ES6 is something to look forward to, as it has contributed the most sales to Nio in a long time.