Phate Zhang

Covid disruptions caused Nio to lose about 7,000 units of EV production and about 5,000 units of deliveries, according to Bloomberg.

The BYD Han family sold 31,614 units in October, the Tang family 17,161 units and the BYD Seal 11,267 units.

Sales in China's new energy passenger car market were muted in October, with leading manufacturers struggling to maintain growth, the CPCA said.

That's up 31.83 percent from 54,391 units a year ago, but down 13.75 percent from 83,135 units in September.

BYD sold 103,157 all-electric passenger cars and 114,361 plug-in hybrids in October.

CALB's plant in Portugal will be located near a local port and the company aims to make the project a world-leading zero-carbon plant.

Wait times for all of Nio's "866" models have been reduced to 2-3 weeks, for the ES7 to 7-9 weeks and for the ET7 to 4-6 weeks.

Nio's production sites in Hefei has resumed production, local media said, citing unnamed channel sources.

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.