Phate Zhang

The Qilin battery's innovative design prevents thermal runaway of the pack and holds 13 percent more power than the 4680 battery, according to CATL's Wu Kai.

Denza plans to start showcasing the D9 MPV and opening it for test drives in some core cities in China in June-July, and will officially launch the model in July.

Deliveries of the Nio ES7 are expected to begin on August 28, with show cars and test cars expected to start arriving at Nio stores in late July.

The pricing represents a 12 percent discount to CATL's closing price in Shenzhen on Wednesday and a premium of about 21 percent to the offering's floor price of RMB 339.67.

Deutsche Bank analyst Edison Yu's team believes Nio's deliveries are expected to move higher, shifting the narrative from supply constraints to a strong product super cycle.

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.