Gotion's net profit for the first half of the year reached RMB 209 million, up 223.75 percent year-on-year.
The post Gotion sees Q2 profit up 76.52% from Q1 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Category: China
Neta announces closing of nearly $1 billion in new financing
Neta has announced the closing of a RMB 7 billion Crossover round of financing, without revealing any other details about the funding.
The post Neta announces closing of nearly $1 billion in new financing appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio Q2 earnings call: Live updates
Nio announced its Q2 earnings today, and here are the key takeaways from the earnings call, with the latest being at the top.
The post Nio Q2 earnings call: Live updates appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio Q2 earnings: Deutsche Bank’s 1st look
Deutsche Bank says Nio's third-quarter delivery guidance is below their expectations, which could mean that new order flow will be hard to sustain after the initial surge.
The post Nio Q2 earnings: Deutsche Bank's 1st look appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China NEV sales in week 34: BYD 51,700, Tesla 17,000, Nio 5,000
Almost the whole market was up in W34. Xpeng grew 50% up, Zeekr grew 106% up, and Tesla and Nio grew 22% up. Li Auto -3.75% down.
The post China NEV sales in week 34: BYD 51,700, Tesla 17,000, Nio 5,000 appeared first on CarNewsChina.com.
Nio posts Q2 revenue of RMB 8.77 billion, down 17.86% from Q1
Nio reported revenue of RMB 8.77 billion in the second quarter, missing market expectations of RMB 9.254 billion, compared with RMB 10.29 billion in the same period last year.
The post Nio posts Q2 revenue of RMB 8.77 billion, down 17.86% from Q1 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD sold 1.25 million cars and made a profit of 1.5 billion USD in H1 2023
On August 28, BYD released its 2023 H1 financial report. On August 28, BYD released its 2023 H1 financial report. BYD achieved a revenue of 35.86 billion in H1 2023 and made a profit of 1.51 billion USD.
The post BYD sold 1.25 million cars and made a profit of 1.5 billion USD in H1 2023 appeared first on CarNewsChina.com.
SAIC’s 1st customized ocean-going car carrier launched
A previous report said that a number of Chinese automakers, including Chery and Nio, were planning to order their own car carriers.
The post SAIC's 1st customized ocean-going car carrier launched appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China EV insurance registrations for the week ending Aug 27: Tesla 17,000, Li Auto 7,700, Nio 5,000
Between August 1 and August 27, Nio registered 16,000, Xpeng 11,700, Li Auto 29,100, and Tesla 56,400 EVs in China.
The post China EV insurance registrations for the week ending Aug 27: Tesla 17,000, Li Auto 7,700, Nio 5,000 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Li Auto L6 EREV SUV spied in China. To launch in 2024 with a price under 41,200 USD
The Li Auto L6 EREV SUV was spotted in China during road tests for the first time. Previously, a lot of media confused it with the Li Auto L7.
The post Li Auto L6 EREV SUV spied in China. To launch in 2024 with a price under 41,200 USD appeared first on CarNewsChina.com.
