Li Auto reportedly filed for HK listing in May, will use dual listing similar to Xpeng
Li Auto has submitted its listing application to the Hong Kong Stock Exchange at the end of May and will list in Hong Kong in a dual listing similar to that of Xpeng Motors, Tencent News reported Friday.
Power battery maker Gotion secures its first plant in Europe through acquisition
Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe.
SPDB International initiates coverage on Xpeng with Buy rating and HK$187.6 price target
Xpeng's car sales have a price-to-sales ratio close to other new car makers, but its software services could be given a higher price-to-sales ratio thanks to its push in autonomous driving and software monetization, according to the report.
Xpeng to bring closer-to-real-life voice interaction experience to P7
Xpeng said Thursday that the Xmart OS in-car intelligent voice assistant "Xiao P" will receive a new AI voice via OTA in July and will first be available on the Xpeng P7.
Chinese LiDAR supplier Hesai reaches deal with autonomous driving firm WeRide
Chinese LiDAR supplier Hesai Technology and autonomous driving system developer WeRide have entered into a strategic partnership to jointly promote the adoption of driverless technology.
Great Wall Motor recalls 16,216 EVs due to potential battery thermal runaway
Great Wall Motor (GWM) is recalling 16,216 Ora IQ electric vehicles due to a potential problem with the power cell thermal runaway.
Chery recalls 1,407 EVs due to battery safety hazards
Chery is recalling 1,407 Arrizo 5e electric vehicles due to a potential risk of thermal runaway of the battery.
Xpeng unveils X2, its fifth-generation flying car
Xpeng Huitian, the electric flying car company owned by Xpeng Motors, unveiled its fifth-generation flying vehicle, X2, on Friday, Xpeng Chairman and CEO He Xiaopeng announced via Weibo.
Option incentive plan shows Xiaomi aims to sell a million EVs a year
Xiaomi, which announced in March that it was joining the car-making bandwagon, is aiming for annual sales of a million vehicles, according to its employee option incentive plan reported by tech media outlet 36kr on July 16.
Chinese power battery supplier Svolt announces mass production of its cobalt-free batteries
As the price of cobalt continues to rise, power battery makers around the world are trying to get rid of the metal. Now, a Chinese company has done just that.