Phate Zhang

Nio has not announced the number of first deliveries of the ET5, and they are expected to be known tomorrow in the company's expected release of September delivery figures.

Tesla's main selling model in China, the Model Y, is expected to see a price cut of up to RMB 40,000 ($5,616), bringing the starting price of the rear-wheel drive version of the Model Y down to possibly RMB 270,000 to 290,000, according to local media.

Pre-sales for the Radar RD6 start at RMB 180,000 ($25,240), with the first production vehicles of the model already rolling off the line and deliveries set to begin in the fourth quarter.

JPMorgan Chase has increased its stake in Xpeng by 16.68 million shares since August 26, and now holds 78.58 million shares.

Xpeng Aeroht's X2 is about to make its first overseas public flight in Dubai.

With the rapid development of the global new energy industry, power and energy storage battery shipments will enter the "TWh" era in the coming years, CATL said.

Leapmotor's chairman said it's really not a good time because of the global turmoil and the downward spiral of the stock markets.

Nio has put 13 new battery swap stations into operation in China in the past two days ahead of the Chinese National Day holiday travel peak.

Hesai is also building a new $200 million factory with a planned annual capacity of more than 1 million units, which is expected to be operational by 2023.

The Leapmotor C01's official prices are higher than its pre-sale prices, a rarity in the Chinese electric vehicle industry.