Deliveries

Overall passenger car retail sales in April are estimated to be around 1.75 million units, up 14.4 percent year-on-year but down 9.8 percent from the previous month.

Nio reached its 100,000th delivery in Shanghai, marking a milestone for it in the city where it has its global headquarters.

March's performance ended the previous two months of sequential declines, as the slow season for Chinese auto sales at the beginning of the year winds down.

Tesla sold 74,127 vehicles in the Chinese domestic market in March, up 18.80 percent year-on-year and up 176.83 percent from February.

Nio Inc's insurance registrations last week stood at 2,500 units, down 43.18 percent from 4,400 units in the previous week.

Tesla's first-quarter global deliveries came in at 336,681 units, missing Wall Street analysts' expectations of 390,343 units and down 12.96 percent from a year earlier.

China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.

In the first quarter, Tesla China sold 172,754 vehicles, down 21.79 percent year-on-year and down 28.29 percent from the fourth quarter.

Song, Qin and Seal are the top three BYD lineups in terms of sales in March.

BYD sold a record 72,723 vehicles overseas in March, an increase of 89.22 percent year-on-year and up 8.50 percent from February.