Phate Zhang

BlackRock increased its holdings in Nio by 2,412,164 shares and Li Auto by 1,851,864 shares, while decreasing its holdings in Xpeng by 425,701 shares in the fourth quarter.

Zeekr will push Zeekr OS 1.1.1 from February 12 and offer Zeekr OS 2.0 Beta with driver assistance system to internal test users from February 15.

Luxshare's controlling shareholder will buy part of the stakes in Chery Holdings and two other companies for RMB 10 billion.

China's homegrown luxury brands see the best time to rise as disruptive innovation leaves legacy carmakers facing great uncertainty.

After a series of twists and turns late last year, the Hengchi 5 has once again made it onto a regulatory list for comment, setting the stage for its official launch.

Nio Capital has invested in an electrochromic technology developer last year, perhaps paving the way for the introduction of the technology.

That's a 25 percent upward revision from the company's previous mention of up to 1.2 million units, implying an average monthly sales of 125,000 units.

Great Wall Motor has already entered four ASEAN countries, Thailand, Brunei, Laos and Myanmar, and will launch regular operations in Malaysia, Vietnam, the Philippines and Singapore in 2022.

On Chinese social media, attention is focused on Mr. Li, who shares the same name as Nio's founder.

Xpeng will start small deliveries of the G9 at the end of August at the earliest, while large deliveries will start in September and reach 5,000 units in October, according to local media.