Phate Zhang

Geely Auto Group's new energy and electrified vehicles sold 6,828 units in the first two months of the year, down 63.78 percent from 11,183 in the same period last year.

Xpeng expects to deliver approximately 12,500 vehicles in the first quarter and expects first-quarter revenue of about RMB 2.6 billion.

A Tesla China executive's suggestion that charging is the best way to replenish energy and that battery swap, a model central to Nio, will be replaced has sparked an unhappy response from the latter.

Nio plans to have 500 battery swap stations in China by the end of 2021, and currently has about 200.

The 6,000th Tesla Supercharger in the Chinese mainland has come online, reaching a new milestone, the company announced today.

China's auto sales estimate for February stood at 1.452 million units, down 42 percent from January, the China Association of Automobile Manufacturers said Friday.

QCraft's current round of funding round will be at least $25 million, the report said, adding that it is another indication of the increasingly blurred lines between auto companies and large tech firms.

BYD announced data on Thursday showing that its new energy vehicle sales in February were 10,355 units, down 48.68 percent from 20,178 units in January.

The company plans to have a registered capital of 500 million yuan ($77 million ), with JAC contributing 51 percent and Nio 49 percent.

Some customers and Nio staff have already worked together to experience the battery swap process, which takes 2-3 minutes.