Phate Zhang

Nio will launch a cell phone business, and the project is currently in the initial research phase, according to a blogger who follows the company.

Neta's total financing to date exceeded RMB 14 billion, equivalent to the total financing raised by Nio at the end of 2017.

BYD's blade battery could enter India by being fitted in Toyota models, and the company is already recruiting for business related to it, local media said.

The store is located in China's tallest building, Shanghai Tower, where Nio also has an Nio House.

Lotus is considering taking its lifestyle business public within two years to help fund a major international expansion and investment in electric vehicles, the Financial Times reported.

Xpeng will explore the robotaxi business in the second half of 2022, and the subsidiary is likely to be the operating entity for the business.

The vast majority of Tesla Model Y vehicles for sale on multiple online used car trading platforms in China are priced above RMB 300,000 ($47,000).

Xpeng may revamp its main-selling P7 sedan and add LiDARs, which are crucial for smart driving, recent rumors suggest.

The project, with a total floor area of about 350,000 square meters, will be completed and operational within one year.

Nio may launch the ES7 around April 15 at the CSSC Pavilion in Shanghai, according to an auto blogger.