Phate Zhang

Nio and Xpeng both saw net losses in the first quarter, while Li Auto posted net income.

Nio guided for second quarter vehicle deliveries to be between 23,000 and 25,000 units, meaning it expects June deliveries to be in the range of 10,187-12,187 units.

Xpeng's stock traded in Hong Kong continues to rally after the announcement of the G6's pre-sale price, currently up about 5 percent.

While the overall trend is for FSD to enter China, there are still two major issues before it becomes a reality -- data collection eligibility and supercomputing centers, according to CITIC Securities.

G6 show cars are already available at Xpeng stores, and the model will be officially launched on June 29, with deliveries starting in July.

Fang Cheng Bao's model lineup ranges from off-road vehicles to sports cars, and its initial model, a hardcore SUV codenamed SF, is expected to be launched this year.

Nio could bring the ET5 Touring and the new ES6 to European customers at a launch event next week.

The Mustang Mach-E team will be integrated back into Ford China and the separate entity running the project will be written off in the future, according to local media.

The first production vehicles of the Zeekr X rolled off the production line today and will be shipped to stores in various cities, with first deliveries expected to begin in the middle of this month.

The ET5 Touring has arrived at Nio stores and will be available in Nio showrooms on the evening of June 9, and those interested can check it out on June 10, according to a blogger who has been following Nio for a long time.