Fang Cheng Bao will launch a long-range version for the Bao 5 SUV and a five-seat version for the Bao 8 SUV on October 20.
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Author: Phate Zhang
"This matter is not a newly occurring incident, nor is it directed at NIO's recent operational performance," Nio said in a response shared with CnEVPost.
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BYD currently sells seven models in South Africa, including five pure electric vehicles and two hybrid models.
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As of press time, Nio had fallen 12.21 percent to HK$47.54 per share, poised for its biggest single-day drop since April 7.
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In January-September, Xpeng's exports reached 29,723 units, marking a 125.2 percent year-on-year increase.
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The catalyst for GIC's lawsuit against Nio was a short-selling report released in June 2022, which has since been refuted.
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As of the end of September, cumulative sales of BYD models equipped with assisted driving systems exceeded 1.7 million units.
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Seyond plans to go public in Hong Kong through a merger with TechStar, and plans to issue no more than 190,240,000 ordinary shares.
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The delivery of Onvo's 100,000th vehicle is expected to be completed this weekend, bringing the brand's deliveries this month to 9,721 units.
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BYD saw a slight decline in market share in September, while Tesla experienced a small increase.
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