Phate Zhang

Li Auto posted a net loss of RMB 624 million yuan ($87.7 million) in the third quarter, marking its first return to a loss since the fourth quarter of 2022.

Analysts at CMB International believe Nio won't be able to break even in the fourth quarter, citing the difficulty in controlling sales and administrative expenses.

About 2,000 Chinese workers will participate in the factory's construction, with production expected to start by late 2026, according to Reuters.

Nio will launch two new models in the second quarter of 2026 and one new model in the third quarter.

Nio's third-quarter net loss decreased 31.2 percent year-on-year as R&D expenses fell 28 percent, while SG&A expenses remained largely flat from last year.

Pony AI said its seventh-generation robotaxi has achieved city-wide unit economics breakeven in Guangzhou.

BYD's new vehicle registrations in Europe reached 17,470 units in October, while Tesla's dropped to 6,964 units.

Pony AI has partnered with Estonian ride-hailing company Bolt to integrate autonomous vehicles into the latter's European taxi services.

Nio will release its third-quarter 2025 earnings later today, having delivered a record 87,071 vehicles during the quarter.

Xpeng has sent a memo to its suppliers requesting materials for an additional 5,000 X9 EREVs by year-end, according to a local media report.