Phate Zhang

Xiaomi Auto may take over BAIC BJEV's production site in Qingdao, Shandong province in eastern China, a local media report said.

CATL will hold a press conference on August 27 from 15:30-16:30 Beijing time to announce the vehicles that will be using Qilin Battery.

The partnership could see vehicles built by BAIC and co-branded with Xiaomi, according to Bloomberg.

Nio's plant in NeoPark has a planned capacity of 300,000 units and is currently producing the ET5 sedan.

The remarks by Nio's president mean that monthly sales of the Nio ET5 are expected to reach at least 15,000 units within a year.

It appears that some Nio ET7s have already arrived in Europe and have been seen in Oslo, Norway.

Nio is showing its full range of vehicles at the Chengdu auto show, including the ET5. It also brought a battery swap station with a transparent bottom.

US accounting inspectors could arrive in Hong Kong as soon as next month to make sure it has full access to audit papers, paving the way for a final agreement.

Zeekr is considering an IPO and has sought proposals from investment banks, according to Bloomberg.

The premium brand is tentatively scheduled to be launched at the end of this year, when the first hardcore off-road model will be unveiled, a BYD source said.