Phate Zhang

Xpeng today announced its Q4 2024 financial results and held an analyst call afterwards. This post is a live update from that call.

Xpeng reported a net loss of RMB 1.33 billion ($180 million) in the fourth quarter, lower than analysts' expectations of RMB 1.593 billion, but gross margins slipped slightly from the third quarter.

Xiaomi EV has been ramping up production capacity and has made some progress, Xiaomi CEO said.

MindVLA will redefine autonomous driving in the same way that the iPhone 4 redefined smartphones, said Li Auto CEO.

Li Auto's weekly sales leaderboard, which it shares every Tuesday, may not continue to be published.

Nio and CATL to build the world's largest battery swap service network, and Firefly's newly developed models will use CATL's Choco-Swap technology standard.

Tesla has raised the price of the Model Y Long Range version in China and started offering financing incentives for the other entry-level variant, probably aiming to balance orders for both variants.

BYD's Super e-Platform uses redesigned blade batteries and supports a charging multiplier of up to 10 C. The official launch of the Han L, Tang L will be in early April.

Between March 17 and April 16, eligible vehicles will be able to access the FSD feature for free after updating to the latest software.

BYD is considering setting up its third European car assembly plant in Germany as it looks to build brand awareness among European customers as a local manufacturer, according to Reuters.