Deutsche Bank on Xpeng price cut: Fighting for volume takes priority
By fighting for volume, Xpeng's gross margins will take a hit as costs are not materially lower, Edison Yu's team said.
Nio to launch ET5 shooting brake variant in Europe in June or July, says president
The shooting brake variant of the Nio ET5 will debut in Europe, where there is a large market for the model, according to Qin Lihong.
Xpeng aims to see operating profit turn positive by 2025
Xpeng aims to see sales of 1.2 million by 2027 and reach about 30 percent share of the fully autonomous vehicle market.
Nio, CATL sign deal involving cooperation on new brands, projects
The agreement involves technical cooperation for new brands, projects and markets, as well as overseas business expansion, CATL said.
China NEV insurance registrations in 2nd week of Jan: BYD 40,420, Tesla 12,654, Nio 2,963
In the second week of January, China's NEV sales, as measured by insurance registrations, were 99,000 units, up 37.51 percent year-on-year and up 28.61 percent from the previous week.
Xpeng cuts prices on most models after Tesla move
The move is a normal price adjustment for Xpeng as its vehicle production costs have fallen, a spokesperson told CnEVPost.
Nio reaches 50,000 single-day battery swap services
From January 13 to February 5, all of Nio's battery swap stations along highways are open to vehicle owners for free and unlimited use.
China's NEV sales at 814,000 units in Dec, contributing 31.8% of all vehicle sales, CAAM data show
For the full year 2022, China's NEV sales were 6.887 million units, up 93.4 percent year-on-year, accounting for 25.6 percent of all vehicle sales.
Ex-Great Wall Motor president rumored to be Xpeng's new CEO
In a response sent to CnEVPost, Xpeng said the company welcomes talent, but Mr. He will remain as the company's head and that will not change.
Spy shots: Nio may be working on new EC6
The new EC6 could be the equivalent of a trimmed-down and thus more affordable version of the EC7, but the model could be still a long way off from an official launch, according to a well-known auto blogger.
