Phate Zhang

The CSRC said it respects regulation by foreign regulators, but firmly opposes the approach of some forces to politicize securities regulation.

Consumers in Denmark, the Netherlands, Norway and Sweden can now begin pre-ordering the P5 sedan, with customers in the Netherlands being able to test drive the model starting in April.

BYD Chairman Wang Chuanfu was seen visiting an Nio House campus and walking with William Li, sparking new rumors of a possible partnership between the two.

The BYD Destroyer 05 could be priced between RMB 120,000 ($19,000) - 150,000, according to local media.

The Model Y trailed the Mercedes-Benz GLC, BMW X3 and Audi Q5 in China in January, but sold about twice as many units as each of them in February.

Nio rose about 6 percent to an intra-day high of HK$169.50 at one point in early trading in Hong Kong today, but the gains narrowed after that.

Xpeng is Zvision's sixth-largest shareholder with a 5.77356 percent stake. Baidu is the ninth-largest shareholder with a 5.00001 percent stake.

The project, which includes the entire production process from paste preparation to the battery pack, is expected to be completed by the end of this year.

WM Motor did not release delivery figures for most months last year, and this January's deliveries are so far unknown.

Tesla extended delivery dates for some of its models in China last week, and the recent spike in nickel prices has put all EV makers at risk of increased costs.