Gross margins improved by 50% for the American EV maker in its best-ever quarter.
Month: August 2023
Li Auto plans to launch four new models in 2024, including an EREV and three BEV models.
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BYD has been the sales champion in the Chinese market for six consecutive months. Previously, the sales champion in the Chinese market was occupied by Volkswagen most of the time.
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The race to decarbonize the U.S. transportation sector is on. With a historic federal goal in place to eliminate nearly all greenhouse gas emissions from the sector by 2050, interest in clean transportation technologies has skyrocketed. But the nation still faces a pressing question: Which energy-efficient mobility strategies will get us to the finish line […]
Before the G6's significant capacity ramp-up, the P7 continues to be Xpeng's most delivered model, contributing 44.58 percent of deliveries in July.
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The Li L7 contributed 39.22 percent of Li Auto deliveries in July, while the Li L8 contributed 33.15 percent.
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The ES6's contribution to Nio deliveries has continued to improve over the past three months, reaching 54.33 percent in July.
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While Li Auto's underlying execution remains strong, Nio, Xpeng will be more compelling growth stories in coming quarters, said Deutsche Bank.
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China exported 2.341 vehicles in the first six months of 2023, comparing to Japan's 2.02 million vehicle export volume.
The post China was the world’s largest auto exporter in H1 2023, exported 2.341 million vehicles appeared first on CarNewsChina.com.
Last year, Tesla unveiled its electric Semi in an initial order for PepsiCo at the company’s Modesto distribution facility. Now, as the company looks to expand the reach of the electric Semis, Tesla has requested funding from the U.S. government to build nine Megacharging stations, which are expected to run from Texas to California. Tesla […]