Earnings Call

Nio plans to start delivering a model for the mass market in the second half of 2024, and the price of the model is in the range of RMB 200,000 to 300,000.

Xpeng resumed double-shift production at the Zhaoqing plant in mid-May and will accelerate deliveries to meet customer demand.

Xpeng will launch two new platforms and their first models in 2023: the C-segment platform and the B-segment platform.

NeoPark, ET7, ES7, ET5, battery supply, and target timeline for profitability, here's what you need to know.

Nio aims to achieve break-even in the fourth quarter of 2023 and its first annual profit in 2024.

Xpeng will explore the Robotaxi business in the second half of 2022, and deliveries of the G9 SUV will begin in the third quarter of next year.

Nio plans to have the ET7 available in showrooms around Chinese New Year, which arrives on February 1. It is targeting a 25 percent gross margin on the NT2-based models.

As the Zhaoqing factory further releases capacity, Xpeng is expected to reach 15,000 units delivered in a single month in the fourth quarter.

Nio reported its second-quarter earnings on Thursday Beijing Time and held an analyst call to unveil some key plans for the future.

Xpeng exported more than 300 G3 SUVs in the first quarter and plans to start delivering P7s in Norway in the second half of the year.