Phate Zhang

Nio announced today that its internal review of previous short-selling allegations is now substantially complete, concluding that the allegations have not been substantiated.

Nio will allow consumers to lock in their orders for the ET5 starting September 9, with first deliveries taking place on September 30.

BYD Frigate 07 positions slightly below the flagship Tang family of SUVs in its Dynasty lineup, further completing its Ocean series matrix.

Xiaomi Auto may take over BAIC BJEV's production site in Qingdao, Shandong province in eastern China, a local media report said.

CATL will hold a press conference on August 27 from 15:30-16:30 Beijing time to announce the vehicles that will be using Qilin Battery.

The partnership could see vehicles built by BAIC and co-branded with Xiaomi, according to Bloomberg.

Nio's plant in NeoPark has a planned capacity of 300,000 units and is currently producing the ET5 sedan.

The remarks by Nio's president mean that monthly sales of the Nio ET5 are expected to reach at least 15,000 units within a year.

It appears that some Nio ET7s have already arrived in Europe and have been seen in Oslo, Norway.

Nio is showing its full range of vehicles at the Chengdu auto show, including the ET5. It also brought a battery swap station with a transparent bottom.