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CnEVPost Newsletter: Wall Street on Nio job cut; Xpeng launches lower-priced P7i
"While management still has a long way to go in restoring creditability among investors, this should be viewed as a meaningful step in the right direction," Edison Yu's team said.
The vlogger was ordered to post apologies on his Douyin account for 90 consecutive days and to compensate Nio for financial losses totaling more than 600,000 yuan in a first instance ruling.
Xpeng launched two new variants of the P7i with a CLTC range of 550 kilometers at a reduced starting price of RMB 223,900.
The Zeekr 007 will be Zeekr's first sedan and its first model for the mainstream market, as all three of its current models on sale are aimed at niche markets.
Luxeed shared images of the Luxeed S7 on Weibo, showing off the exterior details of the sedan.
MG topped China's NEV exports in the first half of this year with a 25.3 percent share.
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