Phate Zhang

With sales near the low end of guidance, Li Auto's performance in the first quarter is expected to be somewhat mixed, but the outlook for delivery in the second quarter will be robust, according to Edison Yu's team.

Thailand is talking to many companies, not just CATL, but many in the battery industry, an official in the Southeast Asian country said.

Smart delivered 4,390 vehicles in China in April, down 25.73 percent from 5,911 units in March.

The new Nio House will be located in Düsseldorf and is set to become Nio's third such facility in Germany.

Last year's Chengdu auto show opened on August 26, but the show, which was to run for 10 days, ended early after four days due to Covid control.

4D imaging radar enables cars to detect and classify objects such as other vehicles and vulnerable road users on highways and in complex urban scenarios and at distances of up to 300 meters.

BYD has offered some discounts on the Seal, Song Plus, Yuan Plus and Dolphin in the price war in the Chinese auto industry over the past two months.

Tesla's move could help dispel the wait-and-see sentiment of some potential consumers, which could benefit sales in the near term.

Edison Yu's team continues to expect most automakers to be aggressive, as market share is a top priority.

BYD sold 104,364 passenger BEVs in April, up 1.65 percent from March, and 105,103 PHEVs, up 1.63 percent from March.