Smart and Sustainable Electric Mobility
Xpeng CEO said he looks forward to working with Volkswagen to bring the best technology and products to the world. Volkswagen China CEO said the two share a common vision for the future of mobility.
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After the completion of this investment, Volkswagen will hold 4.99% equity in Xpeng and join the board of directors.
The post Volkswagen invested 700 million USD in Xpeng and obtained 4.99% equity appeared first on CarNewsChina.com.
Xpeng and Volkswagen will initially co-develop two B-segment BEVs sold under the Volkswagen brand in the Chinese market using Xpeng's G9 platform and ADAS software, with production expected to begin in 2026.
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At the end of 2022, Nio had 26,763 full-time employees, higher than Li Auto's 19,396 and Xpeng's 15,829.
The post Factbox: How many employees does Nio, Xpeng, Li Auto have? appeared first on CnEVPost.
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Between July 1 and July 23, Nio sold 12,700 vehicles, Li Auto 24,600 and Xpeng 6,100 units.
The post China EV insurance registrations for week ending Jul 23: Tesla 7,700, Li Auto 7,800, Nio 4,700, Xpeng 2,600 appeared first on CnEVPost.
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A top Chinese government meeting on Monday boosted investor optimism, with Nio and Xpeng, the laggards of the past few months, coming into more favor.
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The team has a HK$71.86 price target on Xpeng's Hong Kong-traded shares, implying an upside of 25.63 percent.
The post Pacific Securities initiates coverage on Xpeng, expects new models X9 and G7 to launch in H2 appeared first on CnEVPost.
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The mid-size crossover market is a high-volume market, competitive and cut-throat. The Xpeng G6 stands a good chance of carving out.
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In June, Xpeng loaded more than 4,000 vehicles with CALB battery packs, or 70 percent of its production for the month.
The post CATL rival CALB becomes Xpeng's largest battery supplier appeared first on CnEVPost.
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Between July 1 and 16, Nio sold 8,000 units, Li Auto 16,900 and Xpeng 3,500 units.
The post China NEV insurance registrations for week ending Jul 16: Tesla 10,000, Li Auto 7,700, Nio 3,900, Xpeng 2,100 appeared first on CnEVPost.
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