Phate Zhang

Baillie Gifford increased its holdings in Nio by 50,039 shares, Tesla by 18.47 million shares and cut its position in Li Auto by half during the third quarter.

Production at Nio's plants is indeed affected by the Covid epidemic, which is affecting production and delivery schedules, local media quoted a company source as saying.

The G9 becomes the first unmodified commercial vehicle to qualify for autonomous driving testing on designated public roads in China, laying the groundwork for Xpeng's exploration of the robotaxi field.

Deutsche Bank analyst Edison Yu's team expects several new product cycles to drive sales up in November and December, and sales should also broadly benefit from NEV subsidies that expire at the end of the year.

This is the third consecutive month that AITO has delivered more than 10,000 vehicles, bringing cumulative deliveries since March to 57,777.

This was up 22.27 percent from 8,276 units in September and up from 199 units in the month of the first deliveries last October.

Leapmotor's share price has fallen 61.42 percent from its IPO offering price since its September 29 IPO in Hong Kong.

Since mid-October, Nio's production has started to face challenges due to Covid curbs, according to local media.

Logistics and transportation capabilities are all in place for a steady production ramp up beginning in November, said Xpeng chairman and CEO He Xiaopeng.

Nio said the production and delivery of its vehicles have been limited by operational challenges at its plants and supply chain fluctuations due to the Covid-19 incident in certain areas of China.