Phate Zhang

Xpeng has invited banks to pitch for a role in an IPO that could take place in Hong Kong or the US, according to Bloomberg.

The proposed purchase price is $25.66 per Zeekr ADS, a premium of 13.6 percent from the last trading session.

The investment, which will be closed in the coming months, will be Uber's largest investment in the autonomous driving space to date.

Nio Inc had 5,100 insurance registrations in China last week, including 3,470 under the Nio brand, 1,280 for Onvo and 350 for Firefly.

Avatr said Elon Musk shared inaccurate information and invited the Tesla CEO to witness a wind tunnel test of the Avatr 12.

This is one of Onvo's latest efforts to optimize the car using experience following a change in its management.

The partnership is expected to first launch in a key market in the Middle East later this year.

Xpeng delivered 94,008 vehicles in the first quarter, exceeding the upper end of its guidance range.

On May 5, Leapmotor booked over 3,700 orders in a single day, with the C11 SUV contributing 1,099 units.

CATL's joint venture in Indonesia plans to build a battery cell manufacturing plant with an annual capacity of 15 GWh.