Smart and Sustainable Electric Mobility
The Neta model, codenamed EP41, will be the third shooting-brake style model launched by a Chinese EV maker after the Zeekr 001 and the Nio ET5 Touring.
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Last month, a Chinese media outlet reported that Tesla was planning to restart the third phase of its Shanghai factory, possibly focusing on a $25,000 model.
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The Model S and Model X are not produced locally in China, and they have had expected delivery dates of the first quarter of 2024 for the past few months.
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Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China's EV space.
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During the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600, Tesla at 22,400 and BYD at 125,100 units.
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Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi'an, and Chongqing will be the first eight cities that Cybertruck will tour in China.
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Nio said it had never been in the gambling business and warned its community not to fall for the scam, saying it had reported to the police.
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The Yuan Up will be the newest member of BYD's Yuan family, which sold 428,580 units in 2023 and contributed 14 percent of BYD's sales.
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That's in contrast to Nio's William Li's view that the automotive industry is not a winner-take-all business, but rather one where there is a great deal of personalized demand to be met.
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Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media.
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