Phate Zhang

The Nio ET5 will be available in showrooms starting September 9 and will begin allowing consumers to lock in their orders, with its open test drive coming after that date.

BYD's vehicle deliveries in August were impacted by power constraints and Covid outbreaks. The company is aiming for 280,000 units of monthly deliveries by the end of the year.

Berkshire reduced its stake in BYD to 18.87 percent on September 1 after cutting its holdings by 1.716 million BYD H shares.

China's policy is expected to exempt about RMB 100 billion of NEV purchase taxes next year.

The latest US subsidy bill is discriminatory, and if the US government insists on this policy, BYD will consider temporarily abandoning the US market.

Cambricon's first self-driving chip has been taped out and is expected to be in mass production later this year, according to local media.

Xiaomi founder Lei Jun is convinced that the endgame of competition in the EV industry is autonomous driving, and that LiDARs are the key sensors to achieve high-level autonomous driving.

The US government authorized A100 and H100 order fulfillment and logistics through the company's Hong Kong facility through September 1, 2023, Nvidia said.

The delivery numbers themselves don't have any major negative surprises, but other developments are hurting stocks, including the Nvidia chip ban and the Chengdu Covid lockdown.

From January to August, Leapmotor delivered 76,563 vehicles, up 249 percent from 21,937 in the same period last year.