Phate Zhang

This is Nio's latest move after raising RMB 1 billion in an ABS issue last year, meaning it has established direct access to financing in both China's exchange and interbank markets.

BYD sold 43,173 all-electric passenger vehicles and 44,300 plug-in hybrid passenger vehicles in February.

This was down 37.3 percent from 72,236 units in January and accounted for 14 percent of the group's sales of all models in February.

A large number of well-known technology companies, including Tencent and Netease, have also had their Metaverse trademark applications rejected previously.

The executive implied that the new car makers, including Nio, were using psychology to hide the inherent deficiencies of EVs and their lack of technology.

Xpeng has put into operation destination charging stations equipped with the 20-kW charger in four cities.

There are now 452,000 NEV-related companies in China, with the significant growth in that number occurring mainly in the past three years.

The first phase of the project is designed to have an annual capacity of 20 GWh of hybrid solid-liquid electrolyte cells and all-solid-state batteries and will go into production this year, according to WeLion.

Jidu will hold its first JIDU ROBODay event and unveil its robot car concept on April 18, three days ahead of the Beijing Auto Show, which will be held from April 21 to April 30.

The prices of two versions of WM Motor's EX5-Z PRO have been raised by RMB 3,000 and RMB 4,000 respectively.