Phate Zhang

Geometry has raised the prices of its models by RMB 3,000-7,000 ($1,100) due to factors including rising raw material prices.

Leapmotor said this is due to a sharp increase in raw material prices and a reduction in state subsidies for NEV purchases.

Considering that many other automakers are also raising prices, the team does not expect any structural impact on future demand.

Xpeng has announced that it will increase the pre-subsidized price of its current models by RMB 10,100 to RMB 20,000 ($3,140) due to continued significant increases in raw material prices.

Extended delivery times and rising prices in China have led some to see an opportunity to resell Tesla vehicles at a profit.

In its job ad, Nio cited several epochal moments from the past, including the birth of the steam engine, the electric light, the automobile, the computer and the Internet.

The team gave Nio shares traded in Hong Kong a six-month price target of HK$200 ($25.6), implying a 38 percent upside.

Dongfeng Honda is offering two versions of the e:NS1 with ranges of 420 km and 510 km, respectively, and a pre-sale price range of RMB 180,000 to 210,000.

Giga Shanghai restarted its double-shift production at 7 am local time, after workers were required to undergo Covid-19 testing.

Honor's CEO said new players are welcome and that the mobile industry needs fresh blood.