Li Auto delivered 80,400 vehicles in the first quarter, exceeding the upper end of its lowered guidance range.
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Author: Phate Zhang
Tesla China sells 62,167 cars in Apr, down 30% from Mar
In the January-April period, Tesla China sold 283,043 vehicles, down 7.25 percent from 305,164 in the same period last year.
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China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600
Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.
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Nio sub-brand Onvo to use BYD batteries, report says
BYD has been renovating its battery pack production lines in Anhui province and will supply smaller a battery pack for a version of Onvo's new EV, according to Reuters.
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Chinese eVTOL maker Ehang completes passenger-carrying demo flight in UAE
Ehang completed a passenger-carrying demo flight of the EH216-S in the UAE, and the local debut flights of the EH216-F for high-rise firefighting and the EH216-L for air logistics.
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Nio sub-brand Onvo’s website goes online
Onvo's website address is onvo.cn, and the text in the center of the page reads "First model L60, stay tuned."
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Nio rumored to reveal management team for Onvo sub-brand on May 9
The head of the Onvo brand is Ai Tiecheng, a senior vice president at Nio who was previously general manager of WeWork Greater China.
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Exclusive: CATL has talked with dozen automakers for tech licensing; working on 2nd-gen sodium batteries
In a recent wide-ranging interview with CnEVPost, a CATL spokesperson talked about the company's overseas partnership model and its layout for new technologies.
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Li L6 orders exceed 30,000 units, says Li Auto
Li Auto updated order numbers for the Li L6 and reminded potential customers that there is only 1 day left for the model's limited-time purchase entitlements to expire.
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Zeekr seeks to raise $368 million in US IPO at $5.13 billion valuation
Zeekr is seeking a valuation of up to $5.13 billion in a US IPO, about half of Nio's current market capitalization of $11.6 billion.
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