Smart and Sustainable Electric Mobility
Nio today reported Q1 2024 financial results and held an analyst call afterwards. This article is a real-time update of the key takeaways from that call.
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Xpeng's gross margin rose to 12.9 percent in the first quarter, marking a new model for the company, which is generating revenue from technology on top of its EV business, its CEO said.
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Li Auto had record weekly order growth over the Labor Day holiday in early May, its CEO said.
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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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Nio's mass-market-oriented brand, codenamed Alps, will debut in the second quarter. The first model will be launched in the third quarter and mass delivery will begin in the fourth quarter.
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Li Auto management said they expect to see deliveries top 50,000 in March and 70,000 in June.
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Nio Day 2023 will be held on December 23 in Xi'an, Shaanxi province, Northwest China, where Nio will unveil a new flagship model.
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Xpeng announced its third-quarter earnings today and held an analyst call afterwards. Here's what the company mentioned on the call.
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Nio announced its Q2 earnings today, and here are the key takeaways from the earnings call, with the latest being at the top.
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Xpeng expects G6 deliveries to ramp up significantly in September, driving the company's monthly deliveries to over 15,000 units.
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