Phate Zhang

As of this writing, Nio shares are down 5.31 percent in Singapore and down 6.85 percent in Hong Kong.

The pricing represents an 11 percent discount to Nio ADS's closing price of $6.28 on the previous trading day.

The G7 EREV is the second hybrid model Xpeng has filed for, following the EREV variant of the X9 MPV last month.

Nio will raise about $1 billion through the offering to fund R&D and strengthen its balance sheet.

The suspension notice for Nio shares in Singapore was issued during trading hours at the request of Nio CFO Stanley Qu.

The campaign will target illegal profiteering, exaggerated and false advertising, and malicious defamation targeting the automotive sector.

BYD has begun securing visas for executives to visit India and plans to launch its Atto 2 SUV in the country early next year, according to Bloomberg.

Tesla climbed three spots, while Xiaomi EV entered the top 10 NEV sales list for the first time.

Starting Wednesday, test drives for the all-new ES8 are available at over 500 stores across 152 cities in China.