Phate Zhang

Nio originally planned to unveil the ES7 in April, but with the Beijing auto show set to be postponed, the SUV's launch will also be later than originally planned.

IM Motors is expected to start allowing test drives on April 9, with first deliveries starting in late April.

WeLion was out of favor with investors just over a year ago, but with Nio Day 2020 putting solid-state batteries in the spotlight, the company's funding environment has turned around.

The G3 is Xpeng's first model, which went on sale in 2018. Xpeng unveiled its facelift G3i on July 9 last year.

During Harry Wong's tenure as Xpeng's director of autonomous driving products, he headed the company's NGP (Navigation Guided Pilot) and memory parking programs.

Nio had the lowest deliveries in the fourth quarter, but regained the highest R&D expenses, setting the stage for future growth.

Xpeng delivered mixed fourth-quarter results along with guidance that appears somewhat conservative, according to Deutsche Bank analyst Edison Yu's team.

Xpeng will launch two new platforms and their first models in 2023: the C-segment platform and the B-segment platform.

Xpeng expects first-quarter deliveries of 33,500 to 34,000 units, implying March deliveries in the range of 14,353 - 14,853 units.

Nio delivered the first ET7 vehicles to local customers in Hefei, Anhui province, and more vehicles are being shipped to other cities.