In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.
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On October 20, a local media outlet reported that orders for the Yangwang U8, which was officially launched on September 20, exceeded 30,000 units.
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Geely's Zeekr, released the official images of its first all-electric sedan, Zeekr 007. The EV will go on presale next week at Guangzhou Auto Show.
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Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.
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FIA added Shanghai to one of 16 electric F1 races that will be held next year. Shanghai will organize two races at the end of May 2024.
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Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year.
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