Li Auto cuts guidance for Q1 deliveries due to lower-than-expected order intake
The updated delivery guidance means that Li Auto now expects it to deliver between 24,584 and 26,584 vehicles in March.
Li Auto CEO addresses what went wrong with Li Mega and how to fix it in internal letter
Li Auto incorrectly treated a period of commercial validation as a period of rapid growth with the Li Mega, and this strategic miscalculation was the essential reason for the model's issues, its CEO said.
Nio recruits new batch of 20,000 pioneer testers for NOP+
Nio began recruiting an additional 20,000 pioneer testers for NOP+, which will be the final user experience event before the feature is pushed out to all car owners.
Huawei-Chery joint brand Luxeed to re-launch 1st model S7 on Apr 8, report says
The re-launched Luxeed S7 will bring new features and will be able to deliver soon after launch, with monthly sales expected to be at around 5,000 units, according to local media.
Alibaba files to sell another 33 million Xpeng ADSs
This is the latest reduction in Alibaba's holdings after it sold 25 million of Xpeng's ADSs last year. An Alibaba executive resigned as a director of Xpeng.
Xiaomi CEO calls Tesla's reported upcoming price hike brave move, admits pricing pressure on SU7
The standard version of Xiaomi's SU7 has specs that far exceed those of the Model 3 and has a very high initial sourcing cost, said Lei Jun.
Zeekr aims to be profitable in 2024
Zeekr is targeting sales of 230,000 units in 2024 and will launch three new models to cover a wider market.
BYD chairman Wang Chuanfu meets Apple CEO Tim Cook in Shanghai
BYD chairman and president Wang Chuanfu met with Apple's CEO Tim Cook, who is visiting Shanghai, at Apple's China headquarters today.
Xiaomi has finalized SU7 pricing, significantly lower from last year's expectations, report says
Xiaomi has finalized the pricing of the SU7, which has been lowered by RMB 30,000 to RMB 50,000 compared to last year's expectations, according to local media.
Polestar plugs into Tesla's charging network in China
Polestar vehicles can charge at up to 120 kW at Tesla Supercharger stations, according to the EV maker.
