BYD net profit slips in Q4 despite revenue hits record high
A heated price war in China's NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits.
China EV sales for week ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700
Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units.
China files WTO complaint over US IRA EV incentives
China urges the US to correct discriminatory industrial policies and maintain the stability of the global industrial chain and supply chain of NEVs.
Xiaomi's smart driving R&D team to top 1,500 by year-end, says CEO
Smart driving is a key battleground for EVs, and Xiaomi's goal is to be in the top tier of the industry within 2024, the company's CEO Lei Jun said.
Xpeng partners with Thai dealer to tap ASEAN market
Xpeng will launch the right-hand drive version of the G6 in Thailand, Singapore and Malaysia, with deliveries to begin in the third quarter of this year.
Zeekr starts taking pre-orders for Zeekr X and Zeekr 009 in Thailand
Zeekr will partner with local car distributors, with deliveries of right-hand drive Zeekr vehicles in Thailand set to begin in the third quarter.
IM Motors says its new L6 model to feature solid-state batteries with over 1,000 km range
The IM L6 will be built on a quasi-900 V high-voltage platform and will be the industry's first to feature ultra-fast-charging solid-state batteries in a production vehicle, IM Motors co-CEO said.
Alibaba's stake in Xpeng drops to 4.94% after latest reduction
Alibaba's Taobao China completed the sale of 33 million Xpeng ADSs on March 22, according to a Hong Kong stock exchange announcement.
CATL working with Tesla on fast-charging battery cells
CATL is working with Tesla on battery technologies, particularly new electrochemical structures for faster charging, the Chinese battery maker's chairman said.
Xpeng launches new P7i variant with scissor doors, offers $5,550 limited time discount
Xpeng has rolled out a new variant with scissor doors for the single-motor P7i 702 Max, starting at RMB 289,900, or RMB 249,900 after discount.
