Phate Zhang

"It's definitely most efficient to use one team to lead autonomous driving R&D," local media quoted an Nio employee as saying.

That's because of rising raw material prices and reduced state subsidies for NEV purchases, Arcfox said.

No other company currently has enough strength and corresponding positions to offer to Zhang Jianyong, so it is considered a good choice for him to start his own business, local media said.

Xpeng had planned to unveil details of its new SUV, the G9, at the Beijing auto show in late April, but that show has been postponed.

Seres, Sokon's brand that partners with Huawei, sold 3,160 units in March, up 1,310.71 percent year-on-year.

Nio sets different rental prices for each car and reduces it month by month. Users can enjoy four free battery swaps per month and have access to the Nio House.

Li Auto said the L9 could be a mobile gaming space for the home, allowing the Switch console to easily connect to the car's screens.

The employee had been using the computing power of those servers to mine Ether since February 2021, according to an internal notice.

CATL's plant in Germany has received a license for 8 GWh of battery cell capacity, with the first cells to roll off the production line by the end of 2022.

It's green from the inside out.