NIO Inc
Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car
Key Points Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla’s Model 3. The Chinese automaker said orders for the Mona M03 electric coupe exceeded 10,000 just 52 minutes after the car’s formal launch Tuesday evening […]
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Xpeng releases mass-market EV with basic driver-assist for less than $20,000
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models for less than $17,000. The basic version of the […]
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Volkswagen China is spending lots of time at Xpeng to make new EVs
Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Hundreds of Volkswagen staff are spending time at Xpeng as the German auto giant and Chinese startup work to create electric cars for China, Xpeng co-president Brian Gu […]
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EV company Nio aims to build battery chargers and swap stations in every Chinese county
A Nio electric car uses one of the company’s battery swap stations on Nov. 13, 2023, in Taicang, Jiangsu province of China. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car company Nio said Tuesday it plans to install battery charging stations in every one of China’s 2,844 counties by the […]
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Chinese EV maker Zeekr says its new battery can charge faster than that of a Tesla
Key Points In just 10.5 minutes, Zeekr’s new batteries can go from a 10% to an 80% charge, using the automaker’s ultra-fast charging stations, the U.S.-listed electric car company said Tuesday. Tesla’s Model 3 can recharge up to 175 miles in 15 minutes, or about 48% of the stated 363 mile-range, according to the company’s […]
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Tuesday’s big stock stories: What’s likely to move the market in the next trading session
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in […]
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Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options
A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li […]
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Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving […]
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Chinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in […]
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Elon Musk says he expects China to approve Tesla’s Full Self-Driving by the end of the year
Tesla China sales fell by 5.4% in the first half of the year, although the company retained third place in new energy vehicle sales, behind BYD and Geely, according to the China Passenger Car Association. Bloomberg | Bloomberg | Getty Images BEIJING — Tesla CEO Elon Musk has again touted the impending rollout of advanced […]
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