Phate Zhang

Tesla plans to produce an average of nearly 20,000 vehicles a week at its Shanghai plant in February and March, with monthly production roughly reaching September levels, according to Reuters.

Nio said it delivered 2,190 SUVs and 6,316 sedans in January, without providing a breakdown of specific models.

The month's vehicle deliveries reflected a seasonal slowdown during the Chinese New Year holiday that began in mid-January, Xpeng said.

Li Auto's deliveries in January were down from December due to the negative impact of the Chinese New Year holiday, a seasonal factor.

Nio has started deliveries of the EL7 in the Netherlands, and deliveries of the SUV model in Germany, Denmark, Sweden and Norway are also about to begin.

Tesla delivered 121,619 vehicles to Chinese consumers in the fourth quarter, essentially unchanged from 120,576 vehicles in the third quarter.

The Chinese New Year holiday from January 21 to January 27 was a significant impact on car companies' sales activity.

Zeekr is preparing to launch two new models this year, aiming to make them popular once they hit the market, its CEO said.

Nio's F4 plant for its sub-brand codenamed Firefly will be located in Chuzhou, Anhui province, while the F3 plant for the ALPS project will remain in Hefei, a source said.

Li Auto's midsize Li L6 and non-SUV form factor Li L5 will stick to the RMB 200,000-300,000 price range, the company's CEO said.