Phate Zhang

The penetration of NEVs in wholesale sales in April was 29.6 percent, up from 25.1 percent in March.

Li Auto's guidance for second quarter deliveries is 21,000-24,000 vehicles, meaning it expects 16,833-19,833 combined deliveries in May and June.

Wholesale sales of Tesla's China-made vehicles fell by 64,302 units, or 97.7 percent, in April compared with 65,814 units in March.

Hefei Economic Development Zone and Nio signed a cooperation agreement on NeoPark Phase II and key components projects.

It's another sell-off unrelated to the fundamentals of these companies, as investors worry about the prospect of aggressive interest rate hikes by the Federal Reserve.

Among Tesla's suppliers facing problems is wiring harness maker Aptiv after an infection was found among its employees, according to the report.

In the January-April period, Ora sales were 36,842 units, down 3.5 percent from 38,159 units in the same period last year.

An owner who accused Tesla of brake failure has publicly apologized more than a year after the accident.

An Argentine state-owned company will provide Gotion with prospecting and mining rights to explore a potential lithium resource of about 17,000 hectares.

JAC sold 27,387 units of all models in April, down 48.4 percent from 53,034 units in the same month last year.