Phate Zhang

Xpeng Motors' less expensive sedan, the P5, has received more than 5,000 orders in seven hours after opening for pre-sale, the company said Saturday.

After Lhasa, Tesla has completed its second Supercharger station in China with both solar power generation and energy storage in Shanghai.

Xpeng Motors' new sedan P5 officially launched its pre-sale on July 17, with a subsidized price range of RMB 160,000 ($24,700) to 230,000.

Nio was listed in the US on Sept. 13, 2018, and it meets the conditions for a secondary listing in Hong Kong, according to the HKEx rules.

Li Auto has submitted its listing application to the Hong Kong Stock Exchange at the end of May and will list in Hong Kong in a dual listing similar to that of Xpeng Motors, Tencent News reported Friday.

Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe.

The move puts Nio more in line with the criteria for listing in Hong Kong, where Xpeng Motors made a similar arrangement ahead of its July 7 listing.

The Power North plan is Nio's initiative to improve the electric vehicle experience for customers in northern China, announced at the Shanghai auto show in late April.

Tesla China announced Thursday that it will launch a station with solar power, energy storage and supercharging capabilities in Shanghai on July 17.

The HKEx has approved the listing of the over-allotted shares and they will be available for trading starting at 9 a.m. on July 19.