Xpeng
-
Xpeng initiates non-compete probe against former employees amid AI push
One former employee faces a massive claim of nearly 10 million yuan ($1.48 million) from Xpeng for an alleged breach of contract.
-
Xpeng delivers 32,158 cars in May, down 4% year-on-year as new GX SUV contribution remains limited
Xpeng's new GX model was officially launched on May 20, with large-scale deliveries set to begin only in June.
-
Nio delivers 37,705 vehicles in May, highest this year
Monthly deliveries of the Nio ES8 exceeded 10,000 units again, while the Onvo L80 became key to boosting the Onvo brand.
-
Xpeng reports wider Q1 loss but forecasts strong Q2 delivery rebound
Xpeng's net loss reached 1.78 billion yuan ($260 million) in the first quarter, ending its brief streak of profitability.
-
Analysts say aggressive pricing of GX boosts Xpeng's May orders to 50,000
Deutsche Bank expects Xpeng's total new orders this month to surge 40% from April, thanks to strong initial demand for the GX.
-
Aggressive pricing drives Xpeng GX top-trim wait times to up to 29 weeks
The top-trim battery-electric version of the Xpeng GX faces the longest delivery wait times, while other variants remain in relatively ample supply.
-
Xpeng defends its pure vision strategy, says LiDAR is no longer necessary for cars
Xpeng CEO acknowledges LiDAR remains a good and necessary component in many other industries, but believes the auto industry no longer needs the sensor.
-
Xpeng's new flagship GX SUV secures 24,863 firm orders in 12 hours after launch
The top-trim Ultra Flagship versions account for over 80% of Xpeng GX's initial orders.
-
Xpeng GX hits market with aggressive pricing comparable to Onvo L90
The pre-sales price of the Xpeng GX was comparable to the flagship SUV ES8 of the Nio main brand, but the actual pricing is on par with the Onvo L90.
-
Xpeng advances Southeast Asia push with Indonesian factory takeover
Xpeng acquired a 90.1% stake in Indonesian auto assembly entity EIDO.
