Xpeng said it will unveil its cutting-edge technology roadmap for autonomous driving and mobility ecosystem, including its smart EVs and robotics. Read more…
Author: cnevpost
Nio says its sales model in Europe unchanged, sub-brand Firefly evaluating multiple models
Nio is committed to a direct sales network in Europe, and the Firefly project is evaluating multiple channel models in Europe, including direct and dealer models, it said. Read more…
Nio considering dealer network in Europe to boost sales, report says
After Nio’s president said last month that European sales had fallen short of expectations, the company has begun evaluating dealers in key European markets, according to Reuters. Read more…
Morgan Stanley explains why Xpeng shares have been weak recently
Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted. Read more…
WM Motor says ‘pre-restructuring’ does not mean bankruptcy, denies founder fled overseas
WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts. Read more…
Li Auto releases more official images of Li Mega
Li Auto today shared five more images of the Li Mega and hinted that the MPV’s wind resistance will be as low as that of a coupe. Read more…
BYD averages about $1,440 in profit per vehicle in Q3
BYD’s average profit per vehicle improved by about RMB 2,700 in the third quarter from the second quarter, driven primarily by scale advantage, analysts said. Read more…
Sunwoda’s EV battery business kicks off IPO process in China
Sunwoda is one of the world’s largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June. Read more…
BYD expects Q3 net profit to rise as much as 69% from Q2
BYD expects its net profit for the first three quarters to be RMB 20.5 billion – RMB 22.5 billion, up 120.16 percent – 141.64 percent year-on-year. Read more…
Didi’s autonomous trucking arm KargoBot becomes independent firm
KargoBot has become an independently operated company and received an investment of over RMB 450 million, according to local media. Read more…
China EV insurance registrations for week ending Oct 15: Li Auto 10,500, Tesla 7,500, Nio 3,500
As of October 15, Li Auto was at 17,800 so far this month, Tesla at 8,400, Nio at 5,100 and Xpeng at 4,600 units. Read more…
Anhui aims to add about 400% more public chargers in 4 years
Anhui aims to have more than 500,000 public charging piles and 500 battery swap stations by 2027, which will meet the charging needs of 1 million NEVs. Read more…
Huawei-backed Aito to offer up to $1,370 subsidy for delivery delays as firm orders for new M7 exceed 60,000
Aito’s new M7, which was launched on September 12, has more than 60,000 firm orders in the first month of its launch. Read more…
Li Auto CEO shares uncamouflaged images of Li Mega MPV
Li Auto CEO shared two camouflage-free images of the Li Mega and hinted that the model will have very low wind resistance. Read more…
Nio applies trademark for its 1st in-house chip Yangjian
Nio’s first chip, a LiDAR master chip, will begin mass production in October, the company previously said. Read more…
BYD launches Dolphin and Seal in Finland
The Dolphin and Seal will be available immediately at BYD stores, while the Atto 3, Han, and Tang have previously been available to Finnish customers. Read more…
