Phate Zhang

Nio, which has become more financially solid, continues to buy back stakes in Nio China, and its stake will rise to 92.114 percent after the latest move.

Nio's ET7 has a drag coefficient of 0.208, the same as that of the Model S Plaid, which Tesla calls is the "lowest-drag car on Earth."

Nio announced its color of the year, Arctic Green, at the Shanghai Auto Show in late April and said that it will be available for the ET7, EC6 and ES6, with the ES8 being excluded.

Geely is reportedly planning to enter phone making sector and has already started a talent hunt, with offices to be set up in Wuhan, Shanghai, and even overseas.

Jidu is front-loading the development of smart cockpit features, smart driving to improve R&D efficiency, and has been working with Baidu's Apollo team on these features.

HT Aero's video shows its vision for the X2's autonomous flight path planning, takeoff and landing, and demonstrates the technology including charging, flight control and autonomous driving.

The Mini EV is small enough, but it still has a four-seat layout. Now its maker is releasing an even smaller model with only two seats.

Geely's concept heavy truck will support a variety of new energy sources, including pure electric, hybrid with extended range technology, and methanol.

After a two-month sea voyage, the first batch of Nio's ES8s delivered to Norwegian customers have arrived at the port of Drammen, Norway.

Momenta was founded in 2016 and received a $46 million investment led by Nio Capital in 2017.