Phate Zhang

The model appears to be a Qin Pro with a ternary lithium battery, and BYD announced in April that its entire EV lineup would begin carrying the much safer blade battery.

The first model it produces will see a tooling trial prototype roll off the line in the second quarter of 2022, with the production car coming off the line in the third quarter of next year.

The driver was driving the vehicle wearing shoes with a 5cm heel height. The vehicle was found to have no safety hazards.

Nio has already sold most of its regulatory credits in the third quarter, earlier than last year.

CICC is bullish on Xpeng's room for new model sales to exceed expectations, and the potential for improved profitability from technology advantages.

Faraday Future fell more than 12 percent premarket. The stock is down about 26 percent from November 16 to 24.

"Stock-wise, we think this may unlock a lever of optionality if Xpeng can gain some credibility in respect to this endeavor," Edison Yu's team said.

Nio today put into operation two battery swap stations at oil giant CNPC's gas stations.

BYD has been the top-selling NEV brand in Costa Rica, with a 30 percent market share in the local EV market.

A robotics expert who has worked at Huawei and Siemens has joined Xpeng Robotics.