Phate Zhang

China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.

Multiple people crouched down to watch the ET7's battery being replaced, demonstrating the curiosity of local residents about this innovative way of replenishing energy.

Nio made the first ET7 deliveries in Germany and the Netherlands on October 18.

The latest market capitalization of Nio, Xpeng Motors and Li Auto are now $17.8 billion, $6.9 billion and $18.5 billion, respectively.

ElectroMobility Poland's Izera brand will build a variety of electric vehicles based on the platform, the first of which will be a compact SUV.

Leapmotor's C-platform models and all future models will have both an all-electric version and a version with extended-range technology.

The Li L7 is essentially a five-seat version of the Li L8 and deliveries will begin in February 2023.

This is a key step in resolving a long-running bilateral dispute, a Reuters report said.

The Nio ET7 scored second only to the Tesla Model S and the Model Y in Safety Assist, with the latter two models both scoring 98 percent in this area.

Nio hopes to enter the mass market with two sub-brands, while BYD will enter the premium market with two new brands.