Phate Zhang

A government document has issued measures to address issues that many EV users are currently complaining about, including a focus on "zombie charging piles".

The Black Cat and White Cat models are causing Ora huge losses, with the Black Cat losing more than 10,000 yuan ($1,580) for each unit sold.

"We know our competition is Nio and Tesla, and we have to beat them, not match them," Ford CEO Jim Farley said.

The project is expected to reach full design capacity in about a year, a BYD Semiconductor executive said.

The model is aimed at the mobility market and was jointly developed by Livan and Geely's ride-hailing subsidiary Cao Cao Mobility.

Nio, Xpeng, Li Auto thrive on products and ecosystems, but fierce competition requires significant investment to stay competitive, according to Fitch.

Tesla sold 59,845 China-made vehicles in January, of which 40,499 were exported.

The heavy trucks are powered by CATL's lithium iron phosphate batteries, which support both high-power fast charging and quick battery swaps in 3-5 minutes.

Xpeng said the extremely tight supply of key components, including lithium iron phosphate batteries, has created great uncertainty in the production of some models.

Nio's plan to enter the cell phone market emerged before smartphone giant Xiaomi announced its entry into the car-making business, according to local media.