Phate Zhang

"It’s just like two runners on their tracks," said Nio president Qin Lihong. "If you have a great lead, you just need to keep your own pace."

The vehicle's head is wrapped in camouflage, but its headlights are set up differently from the current ES8.

In October 2017, BYD and Faurecia established the joint venture and opened plants in Shenzhen, Xi'an, Changsha, Changzhou and Fuzhou.

QCraft's robotaxis, each powered by two Nvidia DRIVE Orin SoCs, is in operation in Suzhou.

DRIVE Thor offers 2,000 TOPS of performance, eight times that of DRIVE Orin, and targets automakers' 2025 models.

From January to August, the Model Y sold 172,418 units in China, nearly tripling the sales of the Model 3, which has the seventh highest value retention rate.

BYD at 35,006 units, Tesla at 15,856 units, Li Auto at 2,628 units, Xpeng at 1,775 units and Nio at 1,745 units.

On September 15, Sunwoda announced another RMB 12 billion investment in a power battery production base with a planned annual capacity of 30 GWh.

Tesla will increase capacity by increasing the number of employees and improving the frequency of material turnover, with an estimated 4,000 new employees after the production line optimization is completed.

BYD debuted its bus chassis technology platform using Blade Battery, which it calls the eBus Blade Platform, at the IAA Transportation 2022 event in Germany.