Phate Zhang

In the meantime, the Tianjin auto show will be held from November 10 to November 15 as planned.

US audit inspectors completed the first round of on-site inspections of Chinese companies ahead of schedule, signaling progress in the process of preventing the delisting of shares of US-listed Chinese companies, Bloomberg reported.

This is Xpeng's second ABS offering in the domestic capital market, further diversifying its direct financing channels on China's two major exchanges.

Hong Kong stocks rose overall, with the Hang Seng Index up 5.8 percent and the Hang Seng Tech Index up 8.2 percent.

Covid disruptions caused Nio to lose about 7,000 units of EV production and about 5,000 units of deliveries, according to Bloomberg.

The BYD Han family sold 31,614 units in October, the Tang family 17,161 units and the BYD Seal 11,267 units.

Sales in China's new energy passenger car market were muted in October, with leading manufacturers struggling to maintain growth, the CPCA said.

That's up 31.83 percent from 54,391 units a year ago, but down 13.75 percent from 83,135 units in September.

BYD sold 103,157 all-electric passenger cars and 114,361 plug-in hybrids in October.

CALB's plant in Portugal will be located near a local port and the company aims to make the project a world-leading zero-carbon plant.