Hengchi's previous staffing structure was based on the company's need to develop nine models simultaneously, according to local media.
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The latest wait time for the NIO ET5 is 13-15 weeks, down from the 21-23 weeks shown when this information was first available on September 16.
BMW is recalling 38 imported BMW iX and i4 electric vehicles and 3 imported BMW older i3 electric vehicles in China due to a battery problem.
Rumors have recently surfaced that China's subsidies for NEVs may be renewed, but the amount will be only 50 percent of what it was in 2022.
BMW dealers are offering up to RMB 105,000 in discounts for i3 buyers in China, possibly to clear inventory ahead of new models' launch, according to local media.
This is the biggest partnership so far reached by a new Chinese car maker overseas, local media said.
Shenlan is currently offering only the Shenlan SL03, which has an electric version, an extended-range version and a version with a hydrogen fuel cell.
SemiDrive currently has four series of products with an annual output of one million chips.
In terms of retail sales, the penetration rate of NEVs in China is expected to be about 32.3 percent in November. This is a new historical record.