Phate Zhang

Since its launch, the Li L8 has received positive feedback and widespread recognition from consumers, and the number of orders continues to grow, Li Auto said.

Nio officially launched the ET7, EL7 and ET5 in Europe last month, with deliveries of the ET7 already starting on October 17, although it is currently only available in lease model.

The latest expected delivery times for Nio ES8, ES6 and EC6 are all around 2 weeks after locking in orders, down from 2-3 weeks previously.

While Tesla's inventory numbers remain low relative to established automakers, building inventory has been a down-cycle indicator for the industry.

Tesla produces new vehicles in the first half of each quarter primarily for export, and October's numbers continue that pattern.

October was the first full delivery month for the ET5. Deliveries of the model began on September 30, with 221 units delivered in September.

Xpeng delivered 29,570 vehicles in the third quarter, up 15.21 percent from the same period last year and down 14.10 percent from the second quarter.

Horizon Robotics entered into a partnership with Nio last week that will see one of the latter's new brand's models use its products, the chipmaker's CEO Yu Kai said.

China should launch a crackdown on the profiteering of some players and stop some companies from hoarding and speculating on raw materials, according to the chairman of Changan.

Edison Yu's team expects China NEV sales momentum to pick up in November and December, when a host of new models should drive sales to new highs and NEV subsidies are poised to exit.