Phate Zhang

Seres' factory kept production going during the Chinese New Year holiday, and more than 1,000 vehicles for test drives and demonstrations have already arrived in stores, according to local media.

The world's largest hedge fund increased its position in Nio by 8 percent, reduced its position in Xpeng by 8 percent, and cut its position in Li Auto by 7.5 percent during the fourth quarter.

Hillhouse reduced its position in Nio by 59 percent in the fourth quarter and increased its positions in Xpeng and Li Auto by 455 percent and 363 percent, respectively.

Ora's main model, the Good Cat, sold 9,020 units in January, up 333 percent year-on-year.

This was down 18.5 percent from December, which the CPCA said was consistent with the characteristics of the same month last year.

That includes 40,499 units for export and 19,346 units for Tesla's retail sales in China.

Tencent's earnings report showed that WeChat had 1.26 billion users worldwide.

The global lithium battery shortage will gradually dissolve as technology improves and capital is invested in huge amounts, he said.

Several companies, including Nio, Xpeng and Li Auto, are in the process of applying for the Metaverse trademarks.