Phate Zhang

BJEV sold 5,735 units in March, up 24.8 percent from 1,012 units in the same month last year and up 354 percent from 1,263 units in February.

Geely Group sold 11,900 BEVs including battery swap-enabled models in March, up 538 percent from 1,864 in the same month last year.

The potential failure can cause the vehicle to fail to start if it occurs when the vehicle is in park, and can cause the vehicle to lose driving power if it occurs when the vehicle is in motion.

This is because the cost of some models continues to increase due to the impact of the sharp increase in the price of raw materials including batteries and chips.

"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.