Phate Zhang
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Xpeng plans to award CEO 28.5 million shares, with stock performance-related conditions
Xpeng CEO He Xiaopeng can unlock the full award if the company's Hong Kong-traded share price rises to HK$750 from the current HK$89.55 within 10 years.
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China delays approval of BYD's Mexican plant amid fears tech could leak to US, report says
Chinese authorities are concerned that Mexico would gain unrestricted access to BYD's advanced technology and may even possibly allow the US access to it, according to the Financial Times.
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Xiaomi's EV business brings in $2.25 billion in revenue in Q4, up 71.58% from Q3
Xiaomi's innovative business, including EVs, posted a gross margin of 20.4 percent in the fourth quarter, up from 17.1 percent in the third quarter.
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Xpeng Q4 2024 earnings call: Live updates
Xpeng today announced its Q4 2024 financial results and held an analyst call afterwards. This post is a live update from that call.
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Xpeng reports smaller net loss while gross margin declines
Xpeng reported a net loss of RMB 1.33 billion ($180 million) in the fourth quarter, lower than analysts' expectations of RMB 1.593 billion, but gross margins slipped slightly from the third quarter.
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Xiaomi EV raises 2025 delivery target to 350,000 units as capacity increases
Xiaomi EV has been ramping up production capacity and has made some progress, Xiaomi CEO said.
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Li Auto unveils MindVLA architecture to move toward 'truly autonomous driving'
MindVLA will redefine autonomous driving in the same way that the iPhone 4 redefined smartphones, said Li Auto CEO.
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CAAM urges halt to weekly auto sales charts
Li Auto's weekly sales leaderboard, which it shares every Tuesday, may not continue to be published.
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Nio partners with CATL to create world's largest battery swap network
Nio and CATL to build the world's largest battery swap service network, and Firefly's newly developed models will use CATL's Choco-Swap technology standard.
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Tesla raises Model Y Long Range price by $1,380 in China while offering incentives for entry-level variant
Tesla has raised the price of the Model Y Long Range version in China and started offering financing incentives for the other entry-level variant, probably aiming to balance orders for both variants.









