Phate Zhang

Nio will continue to make innovations in technologies, bring superior products and experiences to its users, and create long-term value for investors, said William Li.

The Nio ET7 is a luxury sedan that will compete with the BMW 5 Series and Mercedes-Benz E-Class models, but if users want to have fun driving, it delivers.

In 2021, SAIC-GM-Wuling sold 452,238 electric vehicles.

With a price range of RMB 450,000 ($71,200) - 500,000, the Li Auto L9 will offer plenty of innovation in voice interaction and in-car screen interaction.

CICC believes that a nickel price increase from $20,000 to $50,000 per ton would increase the cost of an EV with a 60-kWh battery pack by about $1,580.

Ora stopped taking orders for its lower-priced Black Cat and White Cat models in mid-February, saying they were causing losses for the company.

Nio's 820 million Class A ordinary shares, or about 58.89 percent of the total number of outstanding Class A ordinary shares, will be registered in Hong Kong by 9 am Thursday.

Mercedes-Benz had planned to recall a total of 10,104 EQC vehicles from August 15, but many owners have asked the company to advance that process with new demands.

Dozens of people on China's most well-known second-hand trading platform are hoping to make a buck by transferring their pre-orders for the Nio ET7 that will allow for very early delivery.

The penetration rate of NEVs in wholesale sales in February was 21.8 percent, up 12.2 percentage points from 9.6 percent in February 2021.