Phate Zhang

New energy vehicle companies, including Nio, using the battery swap model have received new policy support.

In Shanghai, where Tesla's China factory is located, Nio saw its 20,000th vehicle delivery in the city on Tuesday.

Auto China has been held every two years in Beijing since 1990, and has been held for 16 editions so far.

Following rumors earlier this month, Chinese appliance giant Skyworth officially announced Tuesday that it is entering the car-making world.

Nio President Qin Lihong said that people should not simply understand XPT as a factory of Nio, but it is actually an independent company.

After Nio's president informally denied any involvement in the recent Tesla drama, the company issued a formal statement to further clarify.

Qin Lihong, co-founder and president of Nio, said that seeing such news was really angry and amusing.

In the January-March period, the operating revenue of China's auto manufacturing industry rose 71.5 percent year-on-year to RMB 2.12 trillion.

Perhaps seeing the huge gap with Nio in user loyalty, Tesla unleashed a signal to rally owners in a late-night Weibo on Monday.

As CnEVPost has mentioned many times before, it seems that in China today, Internet giants are all coveting to build cars.