Phate Zhang

Xpeng Motors, listed in Hong Kong on July 7, will soon be included in the Hang Seng indexes, which is expected to see an inflow of passive investment funds tracking them.

Tesla's China website today launched the lower-priced Model Y Standard Range version, which is available for pre-order immediately, with deliveries expected to begin in August.

The first phase of Tesla's Shanghai Gigafactory project has been fully built, Beijing News said Wednesday, adding that it could mean the company's new lower-priced models will begin mass production.

With Nio's vehicle deliveries in Norway expected to begin in two months, speculation has begun as to where its next stop overseas might be, and Germany has come into sight.

Nio's first battery swap stations and superchargers have begun shipping to Norway and are expected to arrive in early August, marking the company's latest progress in expanding into overseas markets.

Xpeng Motors moved quickly lower at the beginning of its Hong Kong trading, but then rebounded to close flat at the issue price.

Xpeng Motors is pleased to be listed in Hong Kong and believes it can be closer to local investors, and will consider listing on the A-share market in the future, Hong Kong Economic Times quoted Brian Gu, the company's vice chairman and president, as saying on Wednesday.

Xpeng Motors will launch a new product platform for international markets within two years and will consider global automotive regulatory norms in its development.

Nio's established advantages are likely to expand in a non-linear and accelerated manner driven by user growth and autonomous driving, said CICC.

Geely's all vehicle sales totaled 100,163 units in June, down about 9 percent from a year ago and up about 4 percent from May.