GAC's EV unit Hycan reportedly asks all employees to sell cars as sales remain weak
Hycan, previously known as GAC Nio, has sold fewer than 20,000 vehicles annually for the past two years.
Tesla to raise Model Y price in China on Apr 1, report says
With the purchase discounts offered by Tesla expiring at the end of the month, the upcoming price hike means that the actual cost of purchasing a Model Y will go up by as much as RMB 23,000, according to local media.
Xpeng Q4 earnings call live updates: Deliveries of new brand's 1st model to start in Q3
During next month's Beijing auto show, Xpeng will officially launch its new brand for the RMB 100,000 to RMB 150,000 segment.
Xpeng Q4 2023 earnings: Deutsche Bank's 1st look
Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
China EV insurance registrations for week ending Mar 17: Nio 2,200, Xpeng 2,200, Li Auto 7,000, Tesla 12,300
So far this month, Nio was at 5,500, Xpeng at 4,700, Li Auto at 18,200 and Tesla at 31,000.
Xpeng posts record revenue in Q4, gross margin turns positive
Xpeng guided for first-quarter deliveries between 21,000 and 22,500 units, meaning it expects to deliver 8,205-9,705 units in March.
Xiaomi unveils its EV factory as 1st model 9 days away from launch
Xiaomi held a board meeting at its EV factory, where directors toured the plant and test drove the Xiaomi SU7, its founder said.
Nio starts exploring interaction of highway swap stations with grid
As of the end of February, Nio had 587 battery swap stations and more than 27,000 charging piles participating in grid load regulation in 14 provinces and cities.
Nio Firefly: New spy shots show more details
The Firefly brand, while focused on small cars, will be based on five-star European safety standards and will support battery swap, Nio CEO William Li said last week.
Tesla charging stations open to other EVs in China increase to over 800
This includes more than 450 Tesla Supercharger stations and more than 350 destination charging stations.