Phate Zhang

The network is centered in Hefei, connecting 16 cities in Anhui province, and Nio has set up 18 battery swap stations.

Nio had hoped that ET7 deliveries would come to a higher level in July, but parts availability has caused thousands of ET7s that could have been delivered to not be delivered.

Construction of Nio's facility in NeoPark began on April 29 last year and has taken 15 months so far.

Deliveries of the Nio ES7 are expected to begin on August 28, and deliveries of the Nio ET5 are expected to begin in September.

This is Nio's first overseas plant, covering an area of about 10,000 square meters, and its main activities include the production of battery swap stations and after-sales service.

China's policy of exempting NEVs from purchase taxes has been extended several times over the years.

BYD will purchase up to eight LNG dual-fuel PCTCs capable of transporting 7,700 vehicles each, which are expected to be delivered from 2025 onwards, according to the latest media reports.

This is an expansion of BYD's April 29 recall plan, when the company announced a recall of 9,663 Tang DM vehicles.

BYD Seal is expected to be the most important model in BYD's history, with steady-state monthly sales expected to exceed 30,000 units, analysts previously said.

Nio today saw its 500,000th electric drive system roll off the production line, and the first Nio ET5 electric drive system C sample rolled off the line at the NeoPark facility.