Despite the impact of the Covid outbreak on China’s auto supply chain, BYD’s sales rose across the board in April for all family models.

An NIO ES6 owner has offered her media resources to help get the ET7 sedan on a giant screen in a central business district in Wuhan.

More than 600 workers gave up their Labor Day holiday leave to continue working on the NeoPark Phase I (North) project.

At press time, NIO was down 3.4 percent, XPeng was down 3.45 percent and Li Auto was down 4.96 percent.

Edison Yu’s team expects some spillover in May related to suppliers slowly returning to production, with June likely to be the first normal month.

Edison Yu’s team lowered their price target on Li Auto by $6 to $28, based on 3.0x 2023E EV/Sales, down from 3.5x previously.

CATL shipped 33.3 GWh in the first quarter, with a 35 percent share, up from 34.4 percent at the end of February.