Phate Zhang

The price cut seems to be having a noticeable effect on Tesla's increased orders, with one Tesla salesperson saying she worked overtime until 2 am on Monday.

The first store of the partnership between BYD and Saga Group opened, bringing the number of BYD's offline dealership stores in the country to 10.

Gotion will build a 20 GWh per year power cell project in Hefei, Anhui and a 10 GWh per year project in Liuzhou, Guangxi.

Making batteries is a normal strategy for automakers, said William Li.

The latest spy photos show the Nio EC7 with a rear wing and its body details are also shown.

Tesla's price cut has made the competition in China's NEV industry more intense, with competing models of the Model 3 and Model Y likely to follow, analysts say.

AITO is the first NEV brand to follow Tesla's price cut, and industry insiders believe a wave of price cuts in the auto industry is about to begin.

When completed, Nio's new international headquarters is expected to bring in 10,000 top talent, according to a statement from the local government.

Xpeng at 1,183, down from 1,345 the week before. Li Auto at 2,163, higher than the previous week's 1,798.

Nio and H World Group will cooperate in the construction of charging and battery swap facilities.