Smart and Sustainable Electric Mobility
The Xpeng G9, while receiving praise in social media discussions, has had a lukewarm sales performance, and its facelift is expected to make up for some of its regrets.
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Xpeng expects G6 deliveries to ramp up significantly in September, driving the company's monthly deliveries to over 15,000 units.
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Xpeng reported second-quarter earnings today, and Deutsche Bank analyst Edison Yu's team provided their first impressions.
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Xpeng (NYSE: XPEV) saw a rebound in revenue in the second quarter, but gross margins fell back into negative territory and net losses widened.
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This is the first time that spy shots of an Alps model have been revealed since Nio confirmed in August 2021 that it will enter the mass market through a sub-brand.
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The battery swap station is located in Stockholm, Sweden, and also offers Nio's latest 500-kW ultra-fast charging piles.
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Tesla is in the final stages of producing display vehicles that will be shipped to Tesla showrooms later in August, with mass production expected to begin in September, according to Bloomberg.
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The ET5 Touring is priced the same as the regular ET5 and the new ES6 is priced attractively, influencing potential ET5 customer's intention to buy the car, according to local media.
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Nio has repositioned the ET5 Touring to expand the model's user base by targeting the larger family market rather than the touring segment.
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Earlier today, a rumor that Xpeng would acquire Maserati spread widely on Chinese social media.
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