Phate Zhang

It was previously rumored that Tesla would participate in the share subscription for Tianqi Lithium, although this was not confirmed.

The AITO Wenjie M7 is expected to be unveiled at Huawei's new product launch on July 4. Previously a Huawei executive said that deliveries are expected to begin at the end of July.

Nio is lagging behind its local peers, weighed down by the crash of its test vehicle.

The opening of the Lydia plant is an important step in BMW's accelerated electrification transition, and it will offer five all-electric models to Chinese customers this year, BMW said.

For the first two weeks of July, Tesla will halt most production on its Model Y assembly line for an upgrade, while a similar adjustment to the Model 3 line will be in place for 20 days starting July 18, according to Bloomberg.

Based on the analysis of the situation at the scene, it can be preliminarily confirmed that the accident was not related to the vehicle itself, Nio said.

The driver of the vehicle had hoped to put it in reverse gear, but instead put it in forward, according to local media.

Li Auto is aiming to develop pure electric vehicles that can charge to more than 400 kilometers in 10 minutes, the company previously said.

This is part of Tesla's global layoff plan, a local media report says.

The tragedy made Nio one of the most discussed topics on Weibo today, with the number of discussions about the accident reaching 1.61 million as of this writing.