Xpeng may consider M&A to expand production capacity
"If we need additional capacity in a year or two…we may think about using M&A as a tool to get more capacity."
Xpeng officially launches P5 sedan with starting price around $24,500
After two months of pre-sales, Xpeng Motors' new sedan, the P5, officially went on sale on September 15 at prices several thousand RMB lower than the pre-sale prices.
BYD to discontinue a fuel model that has been on sale for 16 years in Oct as it focuses on NEVs
The F3 was popular at the time of its launch, and during its most glorious period in 2008 and 2009, sales often exceeded 30,000 units per month.
Nio's battery swap stations reach 450
CnEVPost's data tracker shows that Nio has also put four supercharging stations and three destination charging stations into operation today.
BAIC BluePark sold 4,074 vehicles in Aug, up 91% from a year earlier
BAIC BluePark sold 4,074 vehicles in August, up 91 percent year-on-year and up about 17 percent from July.
WM Motor reportedly adjusting equity structure in preparation for overseas IPO
WM Motor is adjusting its shareholding structure and may raise a new round of funding in the fourth quarter in preparation for an overseas IPO.
Chinese regulator asks automakers to conduct data security, cybersecurity self-reviews
Chinese regulator of the automotive industry has begun asking car companies to conduct self-examinations of their data security and cybersecurity in order to address safety concerns.
Xpeng said to deliver flying cars in small quantities in 2024
Xpeng will announce the exact price and specifications of its flying car in 2023 and will deliver it in small quantities in 2024, according to a Weibo blogger.
Analysts expect auto AI chips in China to grow at CAGR of 28% in next decade
With the rapid development of the smart car industry, the demand for AI chips is also exploding.
Dongfeng's premium EV brand Voyah delivered 408 vehicles in Aug
Dongfeng Motor's premium electric brand Voyah delivered 408 units of the Voyah FREE, one of Li Auto's Li ONE competitors, in August, its first delivery month.