Phate Zhang

It's the largest economic development project ever in northern Michigan and will shore up the state's position as a global hub for mobility and electrification, said Michigan's governor.

Nio introduced three of its latest models -- the ET7, EL7 and ET5 -- to European consumers, but the model that only allows leasing rather than buying has generated a lot of discussions.

Nio is holding the Nio Berlin 2022 European product launch event, and CnEVPost will be covering the event via live text feed.

Nio showcased the EP9, Formula E, and the three production cars, ET7, ET5, and EL7, ready to arrive in Europe, in the show car area at the event.

Considering the potentially prolonged litigation with Audi, Nio has decided to use the EL7 model name in Europe for now in order to avoid affecting the interests of customers in Europe.

Nio's move appears to be a response to a previous lawsuit from Audi, as it enters the home turf of the luxury brand owned by Volkswagen.

CALB hopes to reach the top five in the global electric vehicle battery market within a year and become one of the top three in three to five years, its chairwoman said.

The partnership began with SIXT's initial order for thousands of BYD's all-electric vehicles, with first deliveries in the fourth quarter of 2022.

"Fab 5 China EV sales came in mixed during September as product transitions and the supply chain hurt delivery volume," Edison Yu's team said.

BYD's flagship Han family of sedans sold 31,497 units in September, while Seal, seen as a strong rival to the Tesla Model 3, sold 7,473 units.