New EV Models

The YU7 comes for the luxury experience and aims to be an advanced SUV for this era, Xiaomi EV said.

The Maextro S800 is expected to be priced between RMB 1 million ($138,650) and RMB 1.5 million, Huawei said previously.

Nio has begun deliveries of the updated ES6 and EC6 in China as planned, after launching them last Friday.

The facelifted Wey Lanshan starts at RMB 299,800 ($41,520), the same as its predecessor.

Thanks to the launch of the facelifted ES6, EC6, ET5, and ET5 Touring, Nio guided May deliveries to be flat month-on-month, according to Deutsche Bank.

Xiaomi will officially unveil the YU7 this Thursday, a model that has the potential to reshape China's electric SUV market.

The Geely Galaxy M9 will be the latest large SUV under the Geely umbrella and is set to intensify competition in the segment.

The BYD e7 is a midsize sedan that is expected to primarily target the shared mobility market.

The updated ES6 and EC6 come with many feature upgrades and a switch to Nio's in-house developed Shenji smart driving chip.

Analyst expect monthly sales of the Starshine 8 to reach 10,000 units as the price is competitive.