Phate Zhang

The product includes two versions with one and two DRIVE Orin chips, with mass production set to begin in the fourth quarter.

The Neta S is Neta's first effort to enter the premium market with a limited-edition pre-order price of RMB 338,800 ($50,380).

To date, Nio's battery swap network has completed its previously promised coverage of five vertical and three horizontal highways and four metropolitan areas in China.

CITIC Securities expects BYD to sell 140,320 units, Tesla China 87,182 units, Xpeng 19,281 units, Li Auto 19,447 units and Nio 10,772 units in June.

Li Auto launched its new SUV, the L9, on Tuesday, and Citi raised its price target on the company.

Citi lowered its price target on Nio to $41.1 from $87 and raised its price targets on BYD, Xpeng, and Li Auto, continuing to name Nio and BYD as top picks.

The Li L9 is comparable in size to the Mercedes-Benz GLS and BMW X7, but with a price tag of about $68,650 it is less than half the price of the flagship SUVs from the two German luxury automakers.

While Xpeng CEO is excited about the upcoming start of laying out more powerful supercharging piles, WM Motor's helmsman is pouring cold water on it.

The e:NP1 is the first EV model from GAC Honda's new electric brand, e:NP, and offers two CLTC range options, 420 km and 510 km.

Sunwoda EVB is seeking a new round of financing estimated at more than RMB 3 billion ($448 million), valuing it at RMB 20 billion, according to local media.