Phate Zhang

These first satellites are part of a planned constellation, the Geely Future Mobility Constellation, which will consist of 240 satellites.

Lotus will open about 50 sales and service stores in about 20 cities in China and build its own high-end fast-charging stations.

The Air EV will be launched globally in the second half of this year and will accelerate the expansion of Wuling's NEVs in overseas markets, SAIC-GM-Wuling said.

Chinese EV makers are expected to see a material improvement in deliveries in June as work and production resume in Shanghai, according to Edison Yu's team.

BYD's Shenzhen-traded shares closed today at RMB 299.98, near the upper limit of the company's planned buyback price.

From January to May, GAC Aion sold 76,142 units, up 122 percent from 34,363 units in the same period last year.

From January to May, Leapmotor delivered a cumulative total of 40,735 vehicles, up 347.44 percent from 9,104 vehicles in the same period last year.

Chen Chen, head of European business development, and general managers of European country companies began reporting to Nio co-founder and president Qin Lihong.

Nio said it plans to further ramp up production capacity to a higher level and to accelerate the delivery recovery starting from June.

Xpeng said it has resumed two-shift production at its plant since mid-May and is working to accelerate delivery of the strong backlog of orders.