Phate Zhang

It's worth noting that January through February is traditionally a slow period in the Chinese auto market, and the Chinese New Year holiday during this period can make deliveries volatile.

Xpeng Motors delivered 2,223 cars in February, down 63 percent from January, which is traditionally a slow sales month due to the Chinese New Year holiday.

Chinese electric vehicle maker Nio reported unaudited financial results for the fourth quarter and full-year of 2020. The company’s executives held a conference call after that. Here is what they said.

Chinese electric vehicle maker Nio reported revenue of RMB 6.64 billion in the fourth quarter of 2020, in line with analysts' expectations of RMB 6.64 billion, and up 46.7 percent from the third quarter of 2020.

Li Auto today announced a special finance package valid for the next month to further strengthen its leadership position of its sole model, the Li ONE, in the new energy SUV market in China.

Nio's second-generation battery swap station has completed its validation work and started critical testing before deployment, which is expected to begin in April.

Tesla China will hold job fairs in 15 cities, including Hefei, Nanjing, and Hangzhou, to hire employees for its Shanghai Gigafactory starting in March 2021.

If Nio's LiDAR supplier Innovusion's product quality proves reliable, not only its sedan ET7 will use its LiDAR, but also existing ES8, ES6, and EC6 models will be equipped with its products, 36kr.com said Friday, citing people familiar with the matter.

Early this month there are rumors that Xpeng P7 with lithium iron phosphate batteries will be released on March 3, with a range of 480km. In this regard, Chinastarmarket.cn quoted Xpeng insiders as saying that the news is true.

In response to media reports that it plans to build its own brand of electric vehicles, Huawei denied it, saying its strategy has not changed.