Smart and Sustainable Electric Mobility
The re-launched Luxeed S7 will bring new features and will be able to deliver soon after launch, with monthly sales expected to be at around 5,000 units, according to local media.
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This is the latest reduction in Alibaba's holdings after it sold 25 million of Xpeng's ADSs last year. An Alibaba executive resigned as a director of Xpeng.
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The standard version of Xiaomi's SU7 has specs that far exceed those of the Model 3 and has a very high initial sourcing cost, said Lei Jun.
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Zeekr is targeting sales of 230,000 units in 2024 and will launch three new models to cover a wider market.
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BYD chairman and president Wang Chuanfu met with Apple's CEO Tim Cook, who is visiting Shanghai, at Apple's China headquarters today, according to local media.
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Xiaomi has finalized the pricing of the SU7, which has been lowered by RMB 30,000 to RMB 50,000 compared to last year's expectations, according to local media.
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Polestar vehicles can charge at up to 120 kW at Tesla Supercharger stations, according to the EV maker.
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With the purchase discounts offered by Tesla expiring at the end of the month, the upcoming price hike means that the actual cost of purchasing a Model Y will go up by as much as RMB 23,000, according to local media.
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During next month's Beijing auto show, Xpeng will officially launch its new brand for the RMB 100,000 to RMB 150,000 segment.
The post Xpeng Q4 earnings call live updates: Deliveries of new brand's 1st model to start in Q3 appeared first on CnEVPost.
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Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
The post Xpeng Q4 2023 earnings: Deutsche Bank's 1st look appeared first on CnEVPost.
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