Li L6 to be Li Auto sales growth driver, but will face stiff competition, says Deutsche Bank
The Li L6 will be the biggest driver of Li Auto's sales growth this year, but the segment is highly competitive due to the natural effect of falling price ranges, says Deutsche Bank.
Li Auto launches its cheapest model Li L6 with starting price of $34,500
Li Auto will begin small-volume deliveries of the Li L6 next week and expects to deliver about 2,000 units this month, with large-scale deliveries beginning in May.
Nio denies it has new layoff plans
Nio founder, chairman and CEO William Li said he's completely unaware of any new layoff plans.
China FAW to launch high-end smartphone under Hongqi brand
China FAW will work with Geely-backed parts supplier Ecarx to create high-end smartphones for the Hongqi brand that will bring an intelligent interactive experience to users, according to a statement.
Li Auto to start deliveries of new model Li L6 next week
The launch event of the Li L6 will begin in a few hours at 8 pm Beijing Time.
Xpeng shows NGP's performance on German highway in video
Xpeng's smart driving software, which is trained to handle domestic traffic conditions in China, is an exceptionally smooth experience overseas, said the EV maker's CEO.
GM joint venture in China plugs into Nio's charging network
EV owners of SAIC-GM's Cadillac and Buick brands will be able to use Nio's charging piles through their mobile apps.
Charging app made by Nio exceeds 5 million registered users
Jia Dian App built by Nio exceeds 5 million registered users, accessing charging facilities covering 91 percent of Chinese cities.
Xpeng, VW sign deal on vehicle architecture collaboration
Xpeng and Volkswagen's jointly developed E/E architecture is expected to equip Volkswagen-branded EVs produced in China from 2026.
Tesla's Megapack plant in Shanghai to begin construction in May, mass production in Q1 2025, report says
The Megafactory will be Tesla's first energy storage system factory outside of its US domestic market, with an initial planned annual production capacity of up to 10,000 commercial energy storage batteries.