Phate Zhang

BYD has delivered its 1,000th Atto 3 in South Korea, just one and a half months after deliveries of the model began on April 14.

Li Auto saw a solid year-on-year growth in net income in the first quarter, despite a flat revenue, as sales expenses declined.

Nio and Zeekr have reached an agreement to share charging facilities, marking a rare collaboration between two direct competitors.

Xpeng has launched new Max and Plus variants for the Mona M03, with the Max variant offering capabilities similar to Tesla's FSD.

The Xpeng Mona M03 Max starts at RMB 129,800 ($18,040) and comes with the free Turing smart driving system.

Nio Inc's deliveries in May are expected to be up 31 percent year-on-year and up 13 percent sequentially.

BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.

"In China, we see intense competition and Tesla is no longer seen as the technology leader."

Xiaomi's innovative businesses, which include EV and AI, posted a gross margin of 23.2 percent in the first quarter, up from 20.4 percent in the fourth quarter last year.

Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 6,530 insurance registrations in China last week, a 1.80 percent decrease from the previous week.