Phate Zhang
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Li Auto drops to three-month low in Hong Kong as shares fall below HK$100
Li Auto fell below HK$100 for the first time since early June, accumulating a 32 percent drop from its recent high on June 24.
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Evergrande starts mass production of Hengchi 5, pushing ahead with more models
Hengchi 6 will be mass-produced in the first half of next year and Hengchi 7 in the second half of next year, Evergrande NEV said.
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Nio starts showing vehicle wait times with ET5 at up to 23 weeks
Consumers ordering the ET5 now have to wait about 5-6 months, for the ES7 it's 13-15 weeks and for the ET7 it's 11-13 weeks.
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GAC Aion unveils Hyper SSR electric supercar, boasting acceleration to 100 km/h in 1.9 seconds
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.
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Spy photos show BYD may be building electric sports car
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.
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Polestar begins accepting reservations for Polestar 6 LA Concept edition in China
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.
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Tesla reportedly eyeing closing some showrooms in expensive locations in China, with greater emphasis on lower-cost suburban stores
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.
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Under-the-radar startup quietly becomes one of the strongest players in China's self-driving space
Startup Haomo's self-driving technology has earned two Chinese models five-star safety ratings from Euro NCAP.
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Nio completes pre-delivery employee training for ET5
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.
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BYD starts construction of new $3 billion project at its fourth campus in Shenzhen
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.
