Phate Zhang

Although the service is limited to a small area of Beijing, it represents a dramatic shift in regulators' attitude toward the sector.

The Smart #1 is the first production model launched after the electrification transformation of the Smart brand, with a pre-sale price range of RMB 190,000 ($29,000) - 230,000 after subsidies.

As one of the top contenders for the Tesla Model 3, BYD's upcoming Seal is undoubtedly one of the most talked about models recently.

Xpeng's production and logistics appear to be the least affected by the Shanghai lockdown, and supply chain management also appears to be more resilient than peers, said Edison Yu.

This is near the median of BYD's previously forecasted range of RMB 650 million to RMB 950 million.

Xpeng's cash and cash equivalents, restricted cash, short-term deposits, short-term investments and long-term deposits reached RMB 43.5 billion by the end of last year.

The e:NS1 is the start of Honda's increased efforts in China's fast-growing EV market, as Japanese automakers generally lag behind in that wave.

This is much higher than the 19.9 percent of the ICE vehicle market.

The two will develop battery swap-enabled models based on the Aiways U5 and plan to bring it to market in the fourth quarter of 2022.

WeLion has signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.