China's commerce ministry said it firmly opposes the EU's additional anti-subsidy tariffs on Chinese EVs, but notes the EU's political will to continue to resolve the issue through negotiations.
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China's commerce ministry said it firmly opposes the EU's additional anti-subsidy tariffs on Chinese EVs, but notes the EU's political will to continue to resolve the issue through negotiations.
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EU member states voted in favor of imposing tariffs on EVs imported from China, making higher rates a five-year policy.
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The Seal 06 GT, the production version of the Ocean-M concept, has already gone on pre-sale on August 30 at a price range of RMB 150,000 ($21,370) to RMB 200,000.
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Tesla delivered 462,890 vehicles in the third quarter, higher than BYD's BEV sales of 443,426, though the latter's hybrid models are growing strongly.
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BYD sold 252,647 PHEVs in September, up 86.17 percent year-on-year, while BEV sales were up 9.10 percent to 164,956 units.
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Nio delivered 21,181 vehicles in September, the second highest on record behind June's 21,209, and the Onvo L60 delivered 832 units in September.
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Nio is working with UK artificial intelligence software startup Monolith to test and improve battery packs in real time, with testing to begin soon in five European markets.
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Xpeng delivers record 21,352 vehicles in September, with Mona M03 deliveries exceeding 10,000 units.
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Li Auto delivered a record 152,831 vehicles in the third quarter, up 45.4 percent year-on-year and within the guidance range of 145,000 to 155,000 vehicles.
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New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
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