Phate Zhang

Nio sold 9,829 units in March, higher than BMW's 3,123 units, Mercedes-Benz's 1,199 units and Audi's 116 units of BEVs in China, according to CATARC data.

Tesla Giga Shanghai's plan to resume production has been approved by the local government, but is still subject to change, according to Reuters.

The Covid outbreak in Xi'an earlier in the year had an impact on BYD's production, while the situation elsewhere brought relatively little impact, the company's source said.

The two companies will leverage Voyah's capabilities in vehicle manufacturing to integrate Baidu's technologies in smart driving and smart cockpit.

Earlier today, there were rumors that Tesla replied to US investors that the Shanghai factory could resume work in mid-May at the earliest and the parts supply chain could be restored by then.

BMW, Mercedes-Benz and Audi's NEVs are not selling well in China, even salespeople don't recommend them to customers, and some stores sell only one a month.

To date, Tesla has opened more than 1,100 Supercharger stations in the Chinese mainland, including more than 8,500 Superchargers.

SAIC is conducting an internal assessment, which is expected to allow production to restart with the Covid lockdown still in place.

If Shanghai does not resume production, all technology and industrial sectors involved with the Shanghai supply chain will be completely shut down after May, especially the automotive industry, Yu said.

Nio and Sinopec will increase their efforts in charging and battery swap infrastructure deployment and explore more possibilities for cooperation, including new materials.