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xpeng

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

by Anas Siddiqui
Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of the International Intelligent Vehicle Engineering Association. “When they run out …

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EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

by Anas Siddiqui
EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the first three months of 2024. The figure exceeded the company’s …

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Chinese EV maker Xpeng expects minimum 35% jump in sales, citing tech investments

by Anas Siddiqui
Chinese EV maker Xpeng expects minimum 35% jump in sales, citing tech investments

Chinese electric vehicle (EV) maker Xpeng expects its deliveries to jump in the third quarter, as its CEO said past technology investments are paying off amid a rising penchant for …

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Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

by Anas Siddiqui
Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need to be improved to further ease range anxiety.” Nio will …

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Alibaba’s long-awaited China stock link may provide timely boost

by Anas Siddiqui
Alibaba’s long-awaited China stock link may provide timely boost

Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce firm’s stock, with an inflow of up to about US$20 …

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Hong Kong is emerging as a key market and testing ground for Chinese EV makers. Here’s why

by Anas Siddiqui
Hong Kong is emerging as a key market and testing ground for Chinese EV makers. Here’s why

The market share of Chinese EV brands in Hong Kong nearly doubled to 30 per cent in June, from 16 per cent a year ago, amid an influx of carmakers …

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Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war

by Anas Siddiqui
Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war

Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using …

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EV maker Xpeng’s flying car takes first flight in Beijing in step towards commercialisation

by Anas Siddiqui
EV maker Xpeng’s flying car takes first flight in Beijing in step towards commercialisation

A flying car made by AeroHT, an affiliate of Chinese electric vehicle maker Xpeng, took off at Beijing Daxing International Airport on Sunday for its maiden flight in the capital …

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Chinese EV makers’ price wars in overseas markets will sow doubts over quality: Bain

by Anas Siddiqui
Chinese EV makers’ price wars in overseas markets will sow doubts over quality: Bain

In its latest report about Chinese companies’ globalisation drive and overseas investment strategy, Bain suggests EV assemblers set up production facilities in the regions where they aim to grab market …

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China EVs: Xpeng unveils Mona brand with eye on mass-market buyers, global leader BYD

by Anas Siddiqui
China EVs: Xpeng unveils Mona brand with eye on mass-market buyers, global leader BYD

Xpeng unveiled its first model under the new Mona sub-brand, as the Chinese electric-vehicle (EV) maker targets the compact car segment and market leader BYD. The M03 pure electric compact …

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