The 2026 Xia MPV carries an official starting price of RMB 206,800 ($29,020), representing a 17.21 percent reduction compared to its predecessor.
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Author: Phate Zhang
Accompanying William Li on the European trip are Firefly president and Nio CFO Stanley Qu, who also heads Nio Power.
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Tesla China's wholesale sales in October totaled 61,497 units, a 9.93 percent year-on-year decline and a 32.28 percent drop from September.
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Three consecutive weeks of weekly deliveries exceeding 10,000 units propelled Nio Inc's monthly deliveries to a new high.
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The current Stelato S9 sedan measures 5,160 mm in length and offers both BEV and EREV options, with a starting price of RMB 309,800 ($43,490).
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Geely will also utilize idle capacity at Lotus's Wuhan plant to produce new Geely Galaxy models through production line modifications.
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Goldman Sachs' previous price target for Nio had already been significantly below the current stock price.
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Seres priced its Hong Kong stock offering at HK$131.50 per share, the upper end of its range.
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From January to October, Geely Galaxy sold 1,002,461 vehicles, surpassing its annual sales target of one million units ahead of schedule.
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This marks the second consecutive month of year-on-year decline in BYD's monthly sales.
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