Phate Zhang

Apollo Go has begun to gain significant recognition in the Yizhuang area of Beijing, gaining about 10 percent of the ride-hailing market share.

The figure is a projection by Nio's sales staff based on the number of the company's sales outlets in China and the average number of orders received per person, according to local media.

Nio will transform its existing 866 models into its new NT 2.0 platform next year, which will boost sales in the second half of 2023, according to Deutsche Bank analyst Edison Yu's team.

Following the move, Berkshire Hathaway's stake in BYD fell from 20.04 percent to 19.92 percent.

When the second phase of the site is completed, the number of charging spaces will be doubled to 48, and there will be a battery swap station.

An increase in vehicle prices and an upward pivot in its product sales mix are seen as the main reasons why BYD beat earnings estimates in the second quarter.

The device not only makes the vehicle look better, but also reduces wind resistance and enhances rear wheel grip and vehicle steering performance, the patent's description document shows.

Since opening for test drives on July 15, more than 120,000 consumers have experienced the Li L9 in depth with their families, according to Li Auto.

The model comes in blue, green and black and the first open sales will be on a first-come, first-served basis.

Nio's chip R&D team has also poached many people from Huawei, Alibaba's Damo Academy, and Nvidia, and has a clear tape-out plan, according to local media.