Phate Zhang

Leapmotor T03's price has been raised by RMB 5,600 to RMB 6,600 due to higher raw material prices.

Nio and Shell plan to jointly build 100 battery swap stations in China by 2025 and to operate pilot stations in Europe starting in 2022.

At press time, Nio is up 11 percent in Hong Kong, Xpeng is up about 7 percent and Li Auto is up about 6 percent.

The Neta S is Neta's first model to target the premium market and will compete with models including Xpeng Motors' P7 and BYD's Han.

The price range of Nio's third brand is mainly in the range of RMB 100,000 ($14,820) - 200,000 yuan, according to local media.

In July, the Zeekr 001 again received more than 10,000 orders with non-refundable deposits, with the average order amount exceeding RMB 335,000 (US$49,680).

The Nio brand will not launch a model less expensive than the ET5 or a two-door sports car, but it will launch a model 'with character' next year, according to William Li.

Ganfeng's Chongqing-based project will have 10 GWh of battery capacity and 10 GWh of pack capacity when completed.

By comparison, the US and Europe contributed 11 percent and 26 percent of global new energy vehicle sales, respectively, in the first half of the year.

A Tesla owner, after a drunk driving accident, said he was sitting in the passenger seat and the vehicle was driven by itself.