Phate Zhang

Late last month, Lotus began hiring for dozens of positions in China, saying "Type 132 is coming to life," signaling that its first all-electric model may not be too far away from being announced.

Chongqing Sokon, Huawei's key partner in the automotive sector, saw its NEV sales drop 42.8 percent in January compared to 6,150 units in December.

Mainland Chinese investors bought a net HK$762 million of Xpeng shares through the Hong Kong-Shenzhen Stock Connect today.

This is Chongqing Sokon's monthly NEV sales data. The company first announced NEV sales data in June 2020.

Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.

Zeekr's cumulative deliveries were 9,537 units as of the end of January.

Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.

Barclays gives Nio a price target of $34, Xpeng $45 and Li Auto $38.

Given the accelerating penetration of EVs and the lack of high-quality listed EV names, there is large appetite for EV exposure in the mainland, said Edison Yu.

With the inclusion in the list, investors in the Chinese mainland will be able to trade Xpeng's stock more easily.