Phate Zhang

GAC Aion is offering two versions of the Hyper SSR with a pre-sale starting price of RMB 1.286 million, with deliveries to begin in October next year.

The sports car is a model for BYD's premium brand and could be priced in the RMB 2 million range, according to some Weibo bloggers.

The Polestar 6 LA Concept edition is limited to 500 units worldwide, with 10 spots available in China at a suggested retail price of about $240,000.

Tesla will put more emphasis on lower-cost suburban stores that can also offer repair services to improve service to existing customers, according to Reuters.

Startup Haomo's self-driving technology has earned two Chinese models five-star safety ratings from Euro NCAP.

The employee experience for the Nio ET5 has been completed and the consumer-oriented test drives will begin soon. The first delivery of the model is expected to take place on September 30.

The project is scheduled to be completed and put into operation on July 30, 2023, with an annual production value of about RMB 100 billion when it reaches production.

BYD's insurance registrations in China for the second week of September were 31,000, with 18,000 for Tesla and 1,613 for Nio.

BYD's planned capacity for the site is 10 GWh of hybrid batteries and 5 GWh of new batteries.

The move may be Nio's preparation for the supply of key components for its mass-market-oriented sub-brand.