Phate Zhang

JAC sold 51,558 units of all models in January, down 10.6 percent from 57,697 units in the same month last year.

A series of malicious rumors about CATL being sanctioned by the US, being removed from the ChiNext index, and failed negotiations with Tesla have sparked market misunderstandings, it said.

HiPhi's only model currently on sale, the HiPhi X, has a starting price of RMB 570,000 ($90,000).

Greenwoods also bought an initial 14,285 shares of Tesla during the fourth quarter worth about $15 million. It does not hold any shares of Nio.

BYD's batteries for Tesla will begin mass production in March, and Tesla cars with the blade batteries are expected to hit the market in the second quarter, the latest rumor says.

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.