Nio

Nio completed initial coverage of the region with 42 battery swap stations, located in 39 cities in Hubei, Hunan and Jiangxi.

It's not perfect. But then which car is? There are trade-offs that have to be made.

Multiple people crouched down to watch the ET7's battery being replaced, demonstrating the curiosity of local residents about this innovative way of replenishing energy.

Nio made the first ET7 deliveries in Germany and the Netherlands on October 18.

The Nio ET7 scored second only to the Tesla Model S and the Model Y in Safety Assist, with the latter two models both scoring 98 percent in this area.

Faster deliveries may indicate that supply chain conditions are allowing Nio to ramp up capacity so that more consumers can access purchase subsidies that are due to expire at the end of the year.

Li Auto vehicles had 3,154 insurance registrations for the week, up from 2,224 in the first week. Xpeng was 1,107, essentially unchanged from 1,115 in the first week.

Renaissance reduced its stake in Nio by 28.63 percent in the third quarter, while increasing its holdings in Xpeng and Li Auto by 74.47 percent and 106 percent, respectively.

In Hangzhou, Nio's battery swap stations number 39, covering all 13 local districts.

In addition to increasing its purchases of Nio bonds, Soros Fund also bought calls on Nio for the first time in the third quarter.