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Xpeng CEO boosts stake in EV maker after shares fall over 70% this year
He Xiaopeng purchased 2,200,000 ADSs of Xpeng on the open market on September 23 at an average price of $13.58 per ADS....Read more -
Berkshire further cuts its stake in BYD by 5.78 million shares
Berkshire Hathaway's stake in BYD fell to 16.62 percent from 17.92 percent....Read more -
BYD to officially unveil its premium Yangwang brand and first model on Jan 5
The first model of the Yangwang brand will have powerful motors and a high-safety battery, an executive said....Read more -
Tesla delivers 76,663 vehicles in China in Mar, exports 12,206 from Shanghai plant
Tesla's share of the NEV market in China was 14.12 percent in March and 20.02 percent in the BEV market....Read more -
Geely reportedly plans to enter Thailand EV market
Geely is in the early stages of planning its entry into Thailand's EV market, including weighing imported and local...Read more -
Li Auto Jun sales breakdown: Li L7 contributes 40% with 13,107 units
Li L8 sold 9,618 units and Li L9 at 8,451 units in June, contributing 29.53 percent and 25.94 percent respectively....Read more -
What price war? HiPhi to hike prices of some higher trims of HiPhi Y
HiPhi will raise the starting prices of two long-range versions of its HiPhi Y SUV in September, saying it's becaus...Read more -
BAIC president: China’s annual NEV sales and output will reach 3 million by 2020
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Nio gives over 230,000 sales forecasts for 2024 to supply chain, Xpeng 280,000, Li Auto 800,000, report says
Automakers usually provide high forecasts to their supply chain, while suppliers make their own judgments based on the c...Read more -
Nio files to use LFP batteries that could bring down costs
Offering new variants with LFP batteries is a means for some EV makers to cut prices, and Xpeng's LFP version of th...Read more
