Phate Zhang
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Huawei-backed AITO begins deliveries of its second model M7
The AITO M7 is the second model of the AITO brand after the M5, and is one of the main competitors to Li Auto's Li ONE.
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Deutsche Bank cuts Xpeng price target to $33, citing painful strategic transition
Yu's team maintained its Buy rating on Xpeng, saying they believe Xpeng's assisted driving technology is undervalued over the long term.
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Nio exits from shareholder list of its joint venture with GAC
Earlier this month, a company originally formed by Changan and Nio announced the completion of a new round of financing that reduced Nio's stake to less than 1 percent.
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Nio seen transporting ET7 sedans across Europe
Trailers transporting the Nio ET7 have been seen driving on the roads in the Netherlands, Belgium and Norway.
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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.
