Smart and Sustainable Electric Mobility
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.
The post Xpeng Q1 2024 earnings call: Live updates appeared first on CnEVPost.
For more articles, please visit CnEVPost.
In real-world driving range, a three-year-old Tesla Model 3 or Model Y will likely retain roughly 64% of its EPA rating, according to analysis from battery-data firm Recurrent. Recurrent cites battery health reports from used EVs, based on observations of cars already on the road. In 898,504 observations of 7,078 Model 3 sedans and 664,642... Xiaomi Auto talks about testing of the SU7 and says that the lifespan of a car is more than 200,000 kilometers.
The post Xiaomi SU7 life cycle is not just 200,000 kilometers appeared first on CarNewsChina.com.
Xpeng delivered 21,821 vehicles in the first quarter, up 19.7 percent year-on-year but down 63.73 percent from the fourth quarter of 2023.
The post Xpeng Q1 revenue falls on delivery slump, gross margin rebounds to over 1-year high appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The LEVC L380 started pre-sales in China for 280 USD. It has up to 400 kW and 785 km range. To launch in the UK in two years.
The post Geely-baked LEVC L380 opened pre-orders in China for 280 USD appeared first on CarNewsChina.com.
Between May 1-19, Nio had 10,000 insurance registrations, Tesla 30,800, BYD 154,900, Xiaomi 4,000, Li Auto 18,600, and Xpeng 4,800 units.
The post China EV insurance registrations for week ending May 19: Nio 4,400, Tesla 13,900, BYD 53,600, Xiaomi 2,000 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The launch of Li Auto electric SUV was postponed until the second half of 2025. This delay is caused by the shift in the company’s strategy.
The post Li Auto electric SUV launch postponed as company shifts its strategy appeared first on CarNewsChina.com.
Huawei's automotive business has already turned profitable as sales explode, especially for the Aito brand, an executive said.
The post Huawei's car business turns profitable in Q1, exec says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Li Auto's BEV endeavors appear to be facing structural challenges as transferring its EREV success to BEV is not so straightforward, Deutsche Bank said.
The post Li Auto shares plunge in HK on disappointing earnings, delay of more BEV launches appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Xpeng will spend RMB 3.5 billion ($480 million) in 2024 on R&D of AI technology around smart driving and recruit 4,000 new professionals.
The post Xpeng aims for L4-like smart driving experience in China by 2025, 1st Mona model to debut in Jun appeared first on CnEVPost.
For more articles, please visit CnEVPost.
