Tesla will halt some production at its Shanghai plant until the end of February in order to begin rolling out a revamped version of the Model 3 in the Chinese market, according to Bloomberg.
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Much of this is likely due to a low base caused by last year's Chinese New Year holiday.
Point72 increased its bet on NIO in the fourth quarter, re-bought Li Auto, but liquidated its position in XPeng.
Li Auto has previously released data showing it delivered 46,319 vehicles in the fourth quarter, up 31.51 percent year-on-year and up 74.63 percent from the third quarter.
All of NIO's current ES8, ES6, EC6 inventory and show cars will be sold to one entity, followed by an all-out push for sales of models based on the NT 2.0 platform, according to local media.
BYD will sell all-electric versions of its Tang SUV and Han sedan through seven dealers in Mexico in 2023, an executive said last year.