Smart and Sustainable Electric Mobility
Through Volkswagen's partnership with Xpeng and Audi's with SAIC, Volkswagen is strengthening its position in the Chinese auto market, the German auto giant said.
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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.
Nissan is recalling 2018-2023 Leaf electric cars to address a potential issue that could cause vehicles to accelerate unintentionally after using cruise control. The recall covers Leafs manufactured from September 29, 2017, to March 15, 2023, according to the National Highway Traffic Safety Administration (NHTSA). The recall population of 66,159... 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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Li Auto validated the solid-state battery option for more than half a year, but gave up because the cost of the pack alone was close to RMB 300,000, according to local media.
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Tesla delivered more cars than Toyota in California in the second quarter of 2023, demonstrating the strong momentum of EVs in the largest U.S. new-car market. Toyota has been the longtime best-selling brand in California, but its 67,482 registrations for Q2 were just behind Tesla's 69,212 registrations, according to a California New Car Dealers... July is traditionally a slow season for the auto market, with hot weather restricting consumers from visiting stores, the CPCA said.
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In the first half of the year, Shanghai produced 611,500 NEVs, contributing 16 percent of China's NEV production.
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The sodium shows up as a new way of Kei-car revival in China.
The post For Chinese Kei car makers, sodium is the new LFP appeared first on CarNewsChina.com.
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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