Phate Zhang

The Chengdu auto show, scheduled to last 10 days, has been halted after four days due to local Covid control policies.

BYD reported basic earnings per share of RMB 1.24 in the first half of the year, which was at the upper end of the previously previewed range of RMB 0.96 to RMB 1.24.

Edison Yu's reiterated Nio as their top pick for China electric vehicles and kept Buy rating for the stock.

Chinese authorities and the auto industry should study the timing of the phase-out of conventional fuel vehicles to guide automakers and society in an orderly transition to new energy sources, he said.

The C01 Pro+ performance version boasts the fastest acceleration of any EV model in its price range, going from 0 to 100 km/h in 3.7 seconds, according to its latest prospectus.

One out of every three new NEVs added worldwide is loaded with the CATL's batteries.

Nio's NeoPark plant will start production of the second new model as soon as the second half of next year, which is scheduled to be launched at Nio Day at the end of this year, the company's president Qin Lihong said last week.

General industrial and commercial electricity use has been fully restored in Sichuan, and power is gradually being restored to large industrial companies, except for some high-energy-consuming enterprises.

The first owners to get their Nio ES7 delivered come from cities including Beijing, Shanghai, Hefei, Nanjing, Suzhou, Ningbo, Wuhan and Xiamen.

Condensed battery cells have features including high safety, reliability and good cycle life, said Wu Kai, CATL's chief scientist.