Zeekr will launch a flagship SUV in the second half of 2025 that will offer a variant with a new electric-hybrid powertrain technology, its CEO said.
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Author: Phate Zhang
Xiaomi formally sets 2024 car delivery target of 120,000, reveals EV business financial performance for 1st time
In the second quarter of 2024, Xiaomi's innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent.
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Zeekr sees Q2 revenue up 36% from Q1, gross margin rises to 17.2%
Zeekr reported gross margins of 17.2 percent in the second quarter, compared to 12.3 percent in the second quarter of 2023 and 11.8 percent in the first quarter of 2024.
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Zeekr gets L3 autonomous driving test permit in Hangzhou after Shanghai
Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of its SEA Intelligent Driving system on the city's highways and urban expressways.
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BYD Denza starts Z9GT pre-sales: Built on powerful e3 tech, starting at $47,620
The Z9GT will officially go on sale and begin deliveries in September, and its powerful performance and lower-than-expected prices mean Denza has high hopes for its sales.
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EU unveils new proposed tariffs for EVs from China, 9% for Tesla
BYD, Geely, and SAIC all face slightly lower tariff rates than previously, while Tesla's 9 percent is well below the 20.8 percent indicated last month.
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Xpeng sees gross margin improve further in Q2, net loss narrows
Xpeng reported revenues largely in line with expectations in the second quarter, with gross margin increasing sequentially for the fourth consecutive quarter and net loss narrowing slightly from the first quarter.
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Nio Power Up 2024 event: Infrastructure plans, new swap station plant, and more
Nio Power will build a new battery swap station manufacturing facility in Wuhan, targeting an annual capacity of more than 1,000 battery swap stations.
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China EV insurance registrations for week ending Aug 18: Nio 3,300, Tesla 14,300, Xiaomi 2,600, BYD 78,500
Li Auto had 10,700 insurance registrations last week, Xpeng 2,300, Zeekr 3,500, Leapmotor 5,300 and Aito 5,600.
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Xpeng Mona M03 launch event to begin at 7 pm Beijing Time on Aug 27
The Xpeng Mona M03 will have a starting price of no more than RMB 135,900 ($19,050), according to a previous poster from the company.
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