Phate Zhang

In late July, two Chinese companies just made announcements that they will supply Tesla with ternary precursors for battery materials.

Jidu will soon announce a limited version of its first production robot car, which will be available for pre-order and is expected to be delivered in the second half of 2023.

Chengdu Motor Show will be the second major auto show of the year after Auto Shenzhen, and Nio is likely to reveal the interior of ET5 at that time.

SAIC-GM-Wuling has become the second local automaker after BYD to see sales of NEVs reach 1 million units.

Qualcomm's Snapdragon series flagship processor, 2K screen, and 25-minute full charge will probably be the specs that Nio's first phone will have.

To date, Nio has 399 service outlets in China, including 67 Nio Houses.

Baidu began offering self-driving ride-hailing services without safety officers in Chongqing and Wuhan, marking a regulatory breakthrough in the sector in China.

Although the move is different from an executive's reduction of a company's stock, it is just as likely to put pressure on BYD's share price performance.

BYD had previously diverted some of its commercial vehicle production line capacity in order to secure production capacity for the DM-i models.

With battery costs rising sharply but vehicle prices rising at a limited rate, Niu needs to find ways to reduce costs, its CEO said.