Deutsche Bank ups Xpeng price target to $57, raises expectations for next year's deliveries to 190k
Edison Yu's team believes that the biggest overhang on the stock is investor caution on Chinese ADRs, but that sentiment could bottom out heading into year-end.
Mercedes-Benz EQA, EQB open for pre-order in China, prices start at around $58,000
The Mercedes-Benz EQC registered 3,472 units in China from January to July, compared to 49,155 units for the Nio in the same period.
Bosch China exec visits Jidu, possibly for talks on 2023 chip capacity bookings, report says
Bosch China President Chen Yudong said earlier this month that shortages of automotive chips will become the norm, the problem is just the extent.
SAIC-VW ID.4 X and ID.6 X get limited-time price cuts
All SAIC-VW's ID.4 X models have been reduced in price by RMB 24,000 ($3,750), and the ID.6 models have been reduced by RMB 31,000.
Nio says swap station facing demolition will be relocated and rebuilt
Nio says its charging and battery swap network construction will be incorporated into the overall plan for construction in the area.
Tesla to see its 1,000th Supercharger station in Chinese mainland this Friday
Locally made Tesla vehicles sold 52,153 retail units in China in September.
Nio says swap station facing demolition because of 'information gap'
An Nio executive says the company is actively communicating with local authorities and has pledged to invest more in the area.
Tesla posts record Q3 earnings amid global supply chain disruptions
Tesla's revenue exceeded $10 billion for the fourth consecutive quarter and net income exceeded $1 billion for the second consecutive quarter.
Xpeng to hold Tech Day event on Oct 24 at 10am Beijing time
Xpeng is expected to announce more information about its flying car, replenishment facilities and the City NGP.
Leapmotor to begin deliveries of its flagship SUV C11 on Oct 22
The model starts at about $25,000 and has a 0-100 km acceleration time as short as less than 5 seconds.