Nio Inc's deliveries in May are expected to be up 31 percent year-on-year and up 13 percent sequentially.
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Category: BYD
BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.
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"In China, we see intense competition and Tesla is no longer seen as the technology leader."
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"In China, we see intense competition and Tesla is no longer seen as the technology leader."
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China's commerce ministry will meet with industry bodies and automakers to discuss the sales of used cars that have never been driven, Reuters reported.
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Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 6,530 insurance registrations in China last week, a 1.80 percent decrease from the previous week.
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BYD's domestic pickup may challenge Great Wall and Changan, offering a new-energy option in China's growing electrified utility vehicle segment
The post BYD pickup spied ahead of domestic launch, likely based on the Shark 6 platform appeared first on CarNewsChina.com.
IM Motors and Leapmotor have started to offer new discounts on some of their models.
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BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.
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Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.
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