Neta launches Neta X with prices starting at $17,340
The Neta X replaces the Neta U-II, with the starting price lowered by RMB 9,000 and a limited time discount of RMB 18,000.
Xpeng to hold Tech Day 2023 on Oct 24, will unveil autonomous driving roadmap
Xpeng said it will unveil its cutting-edge technology roadmap for autonomous driving and mobility ecosystem, including its smart EVs and robotics.
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.
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.
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.
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.
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.
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.
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.
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.
