Phate Zhang

Xpeng Motors opened up 1.5 percent in 'grey market' trading on Tuesday, but quickly turned lower. Official trading of its shares will begin on Wednesday.

Following its launch on June 25, Xpeng Motors' global offering has closed and its international offering and Hong Kong public offering were both oversubscribed.

BYD sold 40,116 new-energy passenger vehicles in June, including 20,016 pure electric vehicles and 20,100 plug-in hybrids.

The ability to use a vehicle via a mobile app is an important feature of smart cars, but it can also cause a lot of inconvenience if the app's network connection is lost.

Nio's energy replenishment site including a second-generation battery swap station and 50 supercharging piles in Chongqing became fully operational on July 3.

Nio announced on Saturday that Hefei, Suzhou and Xi'an have been nominated by the Nio Day 2021 organizing committee as candidates to host the event.

Xpeng Motors' shares are expected to start trading in Hong Kong next week, and the HKEx will launch stock options contracts on the same day it goes public.

That was below analyst estimates of 204,160 in a Bloomberg survey and the FactSet consensus of 207,000, but above the 200,258 in a Reuters poll.

Li Auto added more than 10,000 new orders in June, an all-time high, the company said.

The recent sharp rally in Chinese electric vehicle (EV) stocks has many cheering. In a research note released Thursday, Deutsche Bank explains why this is happening and what investors need to watch out for.