In a Weibo post, the Chinese tech giant said it has 59 stores in 29 cities that will take orders for its new EV, to be launched on March 28

The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating carmaker BYD

The European Commission said increasing imports from China risked injuring the region's carmakers at a magnitude "that would be difficult to repair”

China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year ahead. They gave far more detail on Beijing's plans.

Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China

Thailand is already Southeast Asia's leading carmaker and exporter, and has ambitions to become the region's main EV hub too

The chairman of Zhejiang Huayou Cobalt said over-investment in the industry had led to "severe overcapacity" and caused "significant declines" in industry utilisation

Premium electric vehicle brand IM Motors has raised more than 8 billion yuan ($1.1 billion) in its Series B round of equity financing. The money will be used on 'smart car' models and technologies

US president has strong political motives for ordering a US review of the security risks presented by Chinese vehicles, analysts say

The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning of last year

China could soon be producing 10 million excess vehicles per year, adding fuel to growing tensions over its state-backed car industry

Reports of BYD’s plans to expand production in Mexico spurred speculation that the EV giant was looking for a way into the US car market