Phate Zhang

Founded in 2017 and focused on the smart car sector, AI Micron is a Fabless chip design company.

The WM Motor E.5 model was previously sold only to large customers and was used for ride-hailing.

This comes a year after it closed its Series C funding round, and the latest valuation represents an increase of about 65 percent from the previous round.

Nio's shares are expected to begin trading in Hong Kong on March 10 under the stock symbol 9866.

AITO held a delivery ceremony in Shanghai to deliver the M5, the brand's first model, to the first batch of over 100 owners.

That's enough to charge over 32,000 Tesla Model 3s from 0 to 100 percent.

CnEVPost as a media has received an invitation to test drive the model, and we will go to Ningbo on March 13 to experience it.

Supporting the consumption of NEVs is part of China's drive for a sustained recovery in consumption.

The CAAM previously said that China's NEV sales are expected to reach 5 million units this year, up 42 percent year-on-year, with a market share expected to exceed 18 percent.

Several car companies, including Li Auto, Geely, WM Motor, Zeekr, and BYD, participated in the first preparatory meeting.