Soochow Securities initiates coverage on Xpeng with Buy rating
The team believes Xpeng should enjoy a higher valuation premium as its software revenue rises.
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Nio opens new charging line under Power Up Plan
So far this year, Nio has opened at least nine charging lines under the plan.
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Tesla China exec says employees buy cars at same price as customers, but get free FSD
Tesla FSD is priced at RMB 64,000 (about $10,000) in China.
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Xpeng to deliver P5 with delayed radar installation, but offers attractive benefits
Users will be able to get XPILOT assisted driving software for free if they choose to get their vehicles delivered first and get the radars installed after the end of March next ye
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Nio replaces BYD as most valuable Chinese auto brand on Hurun's list
Nio's brand value rose 145 percent from last year to RMB 71 billion, overtaking BYD's RMB 67.5 billion.
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Nio adds 3 swap stations, bringing total to 563
As of October 26, Nio had 563 battery swap stations and 403 supercharging stations offering 2,450 charging piles.
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China releases carbon peak action plan by 2030, re-emphasizes promotion of NEVs
China will promote NEVs and gradually reduce the share of traditional fuel vehicles in new vehicle production and sales and vehicle ownership.
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Xpeng reportedly may deliver models missing some radars due to chip shortage
A severe shortage of radar chips is affecting Xpeng's new vehicle deliveries, and it's likely to deliver models missing some millimeter-wave radars.
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Xpeng has more owners in Shanghai than in Guangzhou, where it is headquartered
Shanghai is home to Nio's global headquarters and a Tesla factory.
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Chery's Mini EV rival opens for pre-sale in China, prices start at about $4,700
The QQ Ice Cream is priced directly at the market where the Wuling Hongguang Mini EV is located.
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