Phate Zhang

Li Auto has previously released data showing it delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year and up 74.63 percent from the third quarter.

All of Nio's current ES8, ES6, EC6 inventory and show cars will be sold to one entity, followed by an all-out push for sales of models based on the NT 2.0 platform, according to local media.

The ET5 shooting brake is being developed for European consumers and will debut in Europe in June or July, Nio's president previously said.

BYD and Nio's numbers were higher than the previous week, while Tesla's were lower than the previous week.

CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.

Bridgewater reduced its holdings in Nio by 27.91 percent, Xpeng by 6.15 percent and Li Auto by 46.63 percent during the fourth quarter.

Wait times for the Nio ES7 and ET7 have both changed from the previous 3-4 weeks to about 3 weeks, and the ET5 has gone from about 3 weeks to 2-3 weeks.

The upcoming Auto Shanghai 2023 will be the first major auto show in China after the lifting of Covid controls.

The HiPhi Y will be priced in the RMB 400,000-500,000 range and will be the least expensive of Human Horizons' models, previous reports have implied.

Fitch expects sales of passenger NEVs in China to grow by more than 30 percent in 2023, while ICE vehicles will decline by the low teens.