Phate Zhang

As of August 10, the index's top five constituents were Tesla, Texas Instruments, Analog Devices, CATL, and Nio.

Previously announced figures showed that Xpeng delivered 17,398 vehicles in the second quarter, up 439 percent from the same period last year and up 30 percent from the first quarter.

Nio began recruiting internal test participants for the latest version of its in-car system on Monday, according to the information posted on its app.

Tesla's Shanghai Gigafactory has reached an annual production capacity of 450,000, Tencent News said Monday, citing media sources invited to a recent tour of the plant, adding that this means Tesla could be one step closer to exceeding its 2020 guidance.

In China, the two companies will jointly develop Renault-branded hybrid models based on Geely's platform technology.

So far, Nio has 352 battery swap stations, 235 supercharging stations and 427 destination charging stations in China, and has access to more than 390,000 third-party charging piles.

Nio originally planned to have 500 battery swap stations by the end of this year, but at the first Nio Power Day event on July 9, it said the goal would be raised to over 700.

USTC's scientific research strength in China is almost comparable to that of Tsinghua University and Peking University. It is located in Hefei, Anhui Province, which is also the headquarters of Nio China and is home to the JAC Nio factory.

"The rapid development of new energy vehicles and the rapid growth of luxury brand vehicles indicate the stimulation of domestic demand potential in the car market," the CPCA said.

Media reports that BYD will supply "blade battery" to Tesla are true, and the first model could be the Model Y, Chinese technology website mydrivers.com said Friday, citing an unnamed BYD insider.