Smart and Sustainable Electric Mobility
Li Auto's insurance registrations last week were 4,460, down 37.36 percent from the previous week, while Xpeng's were 2,460, up 55.7 percent from the previous week.
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Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange.
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For customers who have already ordered Xiaomi SU7, Nio's offline stores are offering a subsidy of RMB 5,000 to entice them to switch to Nio models, according to local media.
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The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
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As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference.
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Starting in May, Nio's more than 20,000 charging piles will begin serving 200,000 Deepal owners.
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The Yangwang U8 Premium Edition has already been launched and delivered a total of 5,523 units. Coming soon is the Off-road Master Edition with more room for modifications.
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Customers who currently order the Xiaomi SU7 will have to wait for about 8 months for delivery.
The post Xiaomi CEO tells his fans to buy Luxeed S7, Nio ET5, Xpeng P7 if they can't wait for Xiaomi SU7 appeared first on CnEVPost.
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On April 22, 2014, Tesla CEO Elon Musk delivered Model S to the first Chinese owners, including Xiaomi founder Lei Jun and Li Auto founder Li Xiang.
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Most of the price cuts for Li Auto's L-series models are RMB 20,000, and the Li Mega saw the biggest drop at RMB 30,000.
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