Smart and Sustainable Electric Mobility
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.
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Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
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Xpeng reported total revenues of RMB 13.05 billion ($1.84 billion) in the fourth quarter of 2023, an increase of 153.9 percent from the same period in 2022 and 53.0 percent from the third quarter of 2023.
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The Firefly brand, while focused on small cars, will be based on five-star European safety standards and will support battery swap, Nio CEO William Li said last week.
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This includes more than 450 Tesla Supercharger stations and more than 350 destination charging stations.
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Nio's models currently come standard with four Nvidia Orin chips, but it will carry its own in-house developed chip in the ET9, which it will start delivering next year.
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William Li talked about a lot of issues in an interview, including sub-brands, collaboration with other car companies on battery swap services, priorities for 2024.
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