Phate Zhang

Tesla's official website in China has opened a reservation page for the Roadster, with interested consumers required to pay a deposit of RMB 332,000 ($52,120).

In China's premium SUV market, Model Y sales of 39,730 units in March were 3.1 times the sales of the Mercedes-Benz GLC.

The prices of several models, including the BMW 3 Series and X3, have been raised by RMB 1,600 ($250) - 11,000, and some adjustments have been made to the specification information.

At press time, Nio is up 10 percent, Xpeng is up 6.69 percent and Li Auto is up 6 percent.

The Xpeng P7 Black Label Edition is a special edition model announced by the company late last month to commemorate the rollout of the 100,000th P7.

In April, production and sales in China's auto industry continued to face uncertainty, the CPCA said.

Haomo expects to launch an urban road version of its L2 autonomous driving system, NOH, in mid-2022 and a full-scenario version later this year.

CATL's installed base in China in March was 10.81 GWh, capturing 50.49 percent of the market share, up 2.47 percentage points from February.

LFP batteries lead ternary batteries in China for the ninth consecutive month.

China's auto industry is facing higher costs and a lack of consumer momentum, but production and sales of NEVs have continued their rapid growth, the CAAM said.