Phate Zhang

The device is expected to be available for pre-order in mid-June for RMB 3,880 ($580), with deliveries expected to begin in late July.

Nio has begun recruiting members for Nio Day 2022's User Advisor Panel, marking the official launch of preparations for its annual event.

Lynk & Co plans to launch four hybrid models this year and three more within two years.

The Qiantu K20 can accelerate from 0 to 100 kilometers per hour in as little as 4.7 seconds and offers frameless doors and a variety of color options to appeal to younger consumers.

Although not many people in China know about Changzheng Auto, it is the second company after BYD to officially announce a full shift to NEVs.

Nio's shares traded in Hong Kong closed up 5.88 percent today, giving it a 48 percent gain since May 13.

Deutsche Bank analyst Edison Yu's team cut their price target on Nio by $5 to $45, but said Nio is on track to return to its product super cycle this year.

The device, which only allows users to rent rather than buy at battery swap stations, has sparked discontent among some Nio owners.

The Cadillac Lyriq is available in China in three versions, priced at RMB 439,700, 459,700 and 479,700 respectively.

Chinese regulators plan to allow Didi, Kanzhun, Full Truck Alliance's mobile apps back into the domestic app stores, which could happen as early as this week, according to the Wall Street Journal.