CITIC Securities expects high boom for China's new carmakers to continue in next two months
CITIC Securities expects sales of Nio, Xpeng and Li Auto to reach 162,000, 200,000 and 147,000 units, respectively, in 2022.
Kaixin Auto unveils strategic plan for NEVs
Kaixin's shares rose about 20 percent in pre-market trading before narrowing to less than 4 percent.
Zeekr delivered 2,012 units in Nov, its second delivery month
Zeekr made its first delivery of the Zeekr 001 on October 23, with 199 units delivered in October.
Volkswagen ID. family sold 14,167 units in China in Nov, up 11% from Oct
This is the third consecutive month that the Volkswagen ID. family of electric vehicles has delivered more than 10,000 units in China.
Xpeng delivered record 15,613 units in Nov, up 270% year-on-year
Xpeng delivered a record 15,613 units in November, meeting the company's previously mentioned target of 15,000 units for single month deliveries.
Li Auto delivered record 13,485 vehicles in Nov, up 190% year-on-year
Li Auto's previous guidance for fourth quarter deliveries was 30,000-32,000 vehicles, meaning it is expected to deliver 8,866-10,866 units in December.
Nio delivered record 10,878 vehicles in Nov, up 106% year-on-year
Nio's previous guidance for fourth-quarter deliveries was 23,500 to 25,500 vehicles, which means it is expected to deliver 8,955-10,955 in December.
GAC Aion delivered 14,566 vehicles in Nov, up 123% year-on-year
From January to November, the cumulative sales of GAC Aion exceeded 100,000 units, reaching 106,985 units.
Leapmotor delivered record 5,628 vehicles in Nov, up 236% year-on-year
Leapmotor said chip shortages and restrictions on industrial electricity use have had some impact on capacity in parts of its supply chain.
Tesla says reports that Shanghai plant could meet 500,000-unit production goal this year inaccurate
Chinese media reported earlier today that Tesla's Grace Tao said that Giga Shanghai will be able to reach its annual production goal of 500,000 units this year.