RECENT HEADLINES June 6
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Year-over-year growth of 33%, BAIC New Energy's sales volume in May reaches 5,433 units

Today, BAIC BluePark New Energy Technology Co., Ltd. released its production and sales figures for May 2024. The company reported that BAIC New Energy sold 5,433 units in May, marking a 33% increase compared to the same period last year. Despite this monthly success, the year-to-date sales have declined by 23.07%, totaling 18,437 units. Additionally, the company is gearing up for the launch of the Enjoy World S9 this August, with pre-orders currently open and an anticipated price range of RMB 450,000 to 550,000.
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In May, NIO users' total intelligent driving mileage surpassed 100 million kilometers
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NIO recently revealed that in May, the cumulative distance driven by users utilizing its intelligent driving features surpassed 100 million kilometers, marking a significant month-over-month increase of 63.8%. Additionally, the adoption of intelligent driving features continued to grow, with pilot-assisted driving accounting for 72.7% of the total intelligent driving distance, exceeding 76.94 million kilometers. This highlights a growing trend towards the acceptance and use of autonomous driving technologies among NIO's users.
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Priced at RMB 335,900, The new Tesla's Model 3 performance  is launched
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Tesla officially announced that the new Tesla's Model 3 performance has transitioned from pre-sales to official sales, with deliveries starting in mid-June. The new  Tesla Model 3 performance is priced at RMB 335,900, with a maximum output of 460 horsepower, an acceleration time of 0-100 km/h in 3.1 seconds, and a CLTC range of 623 kilometers.
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Year-over-year growth of 35%, XPeng Motors delivered a total of 10,146 vehicles in May
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XPeng Motors recently reported its delivery statistics for May 2024, achieving the delivery of 10,146 vehicles. This represents a year-over-year increase of 35% and a month-over-month growth of 8%. Notably, the XPeng X9 model contributed 1,625 units to this total, reaching 11,456 deliveries in the five months since its launch. From January to May 2024, XPeng has delivered a cumulative total of 41,360 vehicles, marking a 26% increase compared to the same period last year.

Tesla responds to rumors about the potential ban of its single pedal mode
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Today, Tesla addressed rumors concerning the potential prohibition of its single pedal mode. The company clarified that this standard has not been officially established or implemented, and therefore, it has no impact on existing products and features.

On its launch day, the new Aito M7 Ultra received over 12,000 orders, with deliveries starting today
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The official launch of the new M7 Ultra was met with significant demand, receiving over 12,000 orders on its first day. Customers who place orders before June 30th are eligible for a purchase incentive of RMB 35,000. Priced between RMB 289,800 and RMB 329,800, the M7 Ultra began deliveries on June 1st. The company expects to deliver 4,000 units in the first week of June, with a goal of reaching a monthly delivery volume of 20,000 units.
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In May, NIO delivered 20,544 new vehicles, a year-over-year increase of 233.8%
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NIO recently reported its May sales figures, delivering 20,544 vehicles, which represents a dramatic year-over-year increase of 233.8% and a month-over-month increase of 31.5%, achieving a new historical high. From January to May, NIO has delivered a total of 66,217 vehicles, marking a year-over-year growth of 51%. To date, NIO has cumulatively delivered 515,811 vehicles.

Zeekr delivered 18,616 vehicles in May, a year-over-year increase of 115%
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Zeekr recently disclosed its delivery data for May, reporting the delivery of 18,616 vehicles. This reflects a significant year-over-year increase of 115% and a month-over-month growth of 16%. To date, Zeekr Motors has delivered over 260,000 vehicles. Additionally, the company was listed on the New York Stock Exchange under the ticker "ZK" in early May, marking a significant milestone in its expansion.

Deepal  delivered 14,371 vehicles in May, a year-over-year growth of 104.69%
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Deepal, the electric vehicle manufacturing company owned by Changan Automobile, announced its latest delivery data for May 2024, with a total delivery of 14,371 vehicles, an increase of 104.69% year-over-year and 12.77% month-over-month. From January to May 2024, Deepal delivered a total of 67,199 vehicles.

Renault to Collaborate with Chinese  engineering company on developing pure electric mini EV
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Renault recently announced that it is currently collaborating with a Chinese engineering company to develop the upcoming electric Twingo model, however currently the name of the partner has not yet been disclosed. The car is positioned as a mini vehicle and is expected to be priced below 20,000 euros. Insiders reveal that the development of the Twingo is progressing rapidly, with plans for the EV to be completed within two years.

Tesla opens first store in Qatar
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According to global media reports, after initially starting sales in Qatar at the end of last year, Tesla has now officially opened its first store and showroom in Qatar. In addition, Tesla plans to open two supercharging stations in Qatar this year. Tesla's delivery operations manager stated that this milestone symbolizes another significant step in our journey to promote the global transition to sustainable energy.