Phate Zhang

Nio's plant in NeoPark has a planned capacity of 300,000 units and is currently producing the ET5 sedan.

The remarks by Nio's president mean that monthly sales of the Nio ET5 are expected to reach at least 15,000 units within a year.

It appears that some Nio ET7s have already arrived in Europe and have been seen in Oslo, Norway.

Nio is showing its full range of vehicles at the Chengdu auto show, including the ET5. It also brought a battery swap station with a transparent bottom.

US accounting inspectors could arrive in Hong Kong as soon as next month to make sure it has full access to audit papers, paving the way for a final agreement.

Zeekr is considering an IPO and has sought proposals from investment banks, according to Bloomberg.

The premium brand is tentatively scheduled to be launched at the end of this year, when the first hardcore off-road model will be unveiled, a BYD source said.

BYD today officially made the Tang DM-p available, starting at about $42,300, capable of accelerating from 0 to 100 km/h in 4.3 seconds.

Nio is outperforming its local peers Xpeng and Li Auto, as the Hong Kong stock market posted its biggest gain in nearly four months.

BYD's launch of the premium brand is tentatively scheduled for the end of this year, when the first hardcore off-road model will be unveiled, according to local media.