Phate Zhang

Nio's third factory will officially start production in September, and some production lines will operate on a double shift basis as needed.

Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.

In 2025 and 2026, Nio will launch its cars in Austria, Belgium, the Czech Republic, Hungary, Luxembourg, Poland, and Romania.

Xiaomi EV is poised to become the fastest to achieve profitability among China's new automotive brands.

The Zeekr 7X is set to officially launch in the Hong Kong market in late June, aiming to become the new benchmark for family cars there.

In its May update on four models, Nio's new strategy avoided additional costs caused by material waste, according to a local media report.

Li Auto expects steady monthly deliveries of the Li Mega to reach 2,500-3,000 units, doubling the MPV's previous performance.

BYD sold 89,047 NEVs overseas in May, marking the sixth consecutive month of record-breaking sales.

Huawei's Richard Yu hinted that Xiaomi's EVs are not as good as the cars from brands backed by Huawei, but they're getting high sales.

The Nio main brand delivered 13,270 cars in May, Onvo 6,281, and Firefly 3,680.