Phate Zhang
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Nio sees first ET5 pre-production vehicles roll off line as deliveries about 1 month away
Nio previously said that ET5 deliveries would begin in September 2022, but the expected first delivery date was announced.
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BYD's Denza brand officially launches D9 MPV in China
The all-electric version of the Denza D9 has two fast charging ports and can be charged simultaneously using two chargers.
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Xpeng falls to record low in Hong Kong after disappointing Q3 guidance
Xpeng has fallen a cumulative 64 percent so far this year in Hong Kong. Li Auto has fallen a cumulative 11 percent so far this year. Nio has fallen 11 percent since listing in Hong Kong on March 10.
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Li Auto's SiC chip R&D and production base begins construction
The facility will launch prototype production in the first half of 2023 and go into full production in 2024.
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CATL H1 net profit up 82% year-on-year, first models with Qilin Battery to be announced soon
In the first half, CATL's gross margin was 18.68 percent, up 4.2 percentage points from 14.48 percent in the first quarter.
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Xpeng Q2 earnings call: New model to be launched in H1 next year to take on Tesla Model Y
Xpeng will also launch a C-class model in the second half of next year to bring an ultimate experience to a user base that needs more space and comfort.
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Xpeng's weak Q3 outlook suggests further demand deterioration, says Deutsche Bank
"Even if we embed some degree of conservatism, this suggests further demand deterioration in Aug/Sep on a sequential basis."
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Tesla says no current plans to use new batteries in China-made vehicles
Tesla's China-made models have no current plans to use any new models of batteries, including the 4680 cell, it said.
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Xpeng Q2 revenue beats estimates, but provides weak guidance for Q3
Xpeng expects third-quarter deliveries of 29,000 to 31,000 units, up only about 13 to 20.8 percent year-over-year.
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Xpeng's vehicle license plate issue in Shanghai has been resolved
The issue was caused by the relocation of Xpeng's Shanghai service center resulting in relevant information not being uploaded in a timely manner, according to local media.
