Phate Zhang

Launching new products and making massive upgrades to existing products is a dangerous thing for an automaker to do. However Nio navigates well from that situation.

CnEVPost is reporting on the Nio ES7 launch event in live text stream, with the latest content being featured at the top.

The images make the Nio ES7 significantly more attractive than those shown in previous regulatory filings.

Nio's ET7 seems to be continuing to draw Shanghai customers to its stores, while WM Motor, Volkswagen, Toyota, GM, and GAC Aion are seeing fewer visitors in their stores.

Hanma's Shanghai-traded shares rose by the 10 percent daily limit Wednesday, bringing its cumulative gain since the April 27 low to 50 percent.

The first phase of the site will have an annual capacity of 15 GWh of power cells for BYD's DMi series.

Nio opened up 11.61 percent to HK$148, recovering losses from the past two days. The company's US-traded shares rose 16.7 percent to $18.66 overnight.

"Looking ahead, we can envision the stock outperforming in the 2H of the year at the very least on a relative basis," Deutsche Bank analyst Edison Yu's team said.

BYD raised its buyback price ceiling last week as the share price rose faster than it could execute the buyback plan.

Xpeng will begin putting a new generation of superchargers into service in the second half of the year, allowing vehicles to charge from 10 percent to 80 percent in as little as 12 minutes.