Phate Zhang

But after creating a momentary stir, Teslaquila seems to have faded away. Now Nio, one of Tesla's main competitors in China, has also launched its own brand of liquor, and seems more determined.

CATL said it was not involved in the production and operation of the factory.

A Tesla Model 3 spontaneously combusted and exploded in an underground garage in Shanghai on January 19, prompting speculation about what kind of battery was in the vehicle.

The P7's long range is thanks to an 81kWh battery, and if the P5's wheelbase is shortened, its range could also be adjusted slightly downward to avoid clashing with the P7's flagship positioning.

Every company has a different position and path, and what Tesla is doing may not be right for Nio, according to William Li, founder, chairman and CEO of the Chinese electric car company.

With Xpeng's Navigation Guided Pilot (NGP) getting positive feedbacks, analyst believes the Chinese EV maker's XPILOT is on track to deliver L3 functionality.

Construction of Nio's second plant has entered the construction bidding stage, a month after a tender notice for clearing the land for the plant was issued.

Tesla said the company has been investing resources in localizing its China business chain. To that end, the company is also continuing to attract outstanding domestic talent in body design, vehicle engineering and development, and Autopilot automated assisted driving.

Tesla says its move regarding the Model Y in China is not a price cut, but the first sale of the China-made version, according to Beijing News.

FAW-Volkswagen announced on January 19 that it has opened pre-orders for its first all-electric SUV, the ID.4 CROZZ, and announced a starting price of RMB 199,900 ($30,854) after subsidies.