Category: XPeng

XPeng’s Guangzhou plant qualified to produce vehicles, report says

XPeng's factory in Guangzhou was qualified to produce vehicles in January and currently only produces the flagship SUV G9, local media outlet Jiemian said in a report today, citing a source familiar with the matter.

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China NEV insurance registrations for week ending Feb 5: BYD 24,280, Tesla 8,643, NIO 1,948

Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.

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XPeng launches G9 and new P7 in Europe, restarts efforts to build presence overseas

Deliveries of the new P7 in Europe will begin in June, and deliveries of the G9 are expected to begin in September.

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China NEV insurance registrations for 2 weeks ending Jan 29: BYD 29,988, Tesla 10,852, NIO 3,435

Sales of NEVs in China have declined significantly over the past two weeks, but this is to be expected as the vast majority of last week was during the Chinese New Year holiday.

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Deutsche Bank on China EV market: Jan looking soft as expected

China EV stocks are up an average of 20 percent year-to-date but have underperformed China tech ADRs since December, likely due to investor concerns about weak first-quarter sales and increased competition, according to Edison Yu's team.

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