Zeekr reports big reduction in net loss in 1st earnings report after US IPO
Zeekr posted a narrower first-quarter loss in its first earnings report since its IPO in the US, driving shares up in pre-market trading.
Tesla sells 55,215 cars in China in May, up 76% from Apr
Tesla China exported 17,358 vehicles in May, down 50.67 percent year-on-year and down 43.54 percent from April.
Xpeng names Mona series debut model M03, releases 1st official image
Xpeng calls the first model in the Mona lineup the Xpeng M03 and unveils the first official image of the model.
Huawei, Chery to launch Luxeed R7, 1st coupe SUV under HIMA umbrella
The Luxeed R7 will be the second model under the Luxeed brand jointly created by Huawei and Chery and will be the first coupe SUV under Huawei's HIMA business.
Tesla won't launch Model Y 'refresh' this year, Musk says
“No Model Y 'refresh' is coming out this year,” Musk said.
Gotion to build $1.3 billion EV battery plant in Morocco
The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.
Tesla sees wait times for all Model 3 and Model Y variants reduced to 1-6 weeks in China
The last time a Tesla model's delivery wait time in China was reduced to as low as 1 week was on December 26, 2022.
Nio Power, GAC Energy achieve charging network sharing
Nio and GAC Group's energy units have entered into a charging network sharing partnership, the first substantial development in the collaboration between the two carmakers that was agreed a month ago.
IM Motors to launch 1st EREV model in Q1 2025 to take on Li Auto's Li L7, report says
IM Motors' first EREV model will be an SUV, which will be launched in the first quarter of 2025, according to local media.
Nio Q1 2024 earnings: Deutsche Bank's 1st look
Nio reports generally solid first-quarter result and provided a better-than-expected second-quarter volume outlook, said Deutsche Bank.