Categories
BYD China Earnings Electric eMobility eV

BYD sees Q2 net income double from Q1, gross margin slips

BYD's net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter.

For details, please visit CnEVPost.

Categories
BYD China Deliveries Electric eMobility eV Leapmotor Li Auto Nio Tesla XPeng Zeekr

China Aug EV sales preview: Deutsche Bank expects Nio at 20,000, Tesla 65,000, BYD 370,000

Nio's retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said.

For details, please visit CnEVPost.

Categories
China Earnings Electric eMobility eV Li Auto

Li Auto’s net income recovers in Q2 while gross margin slips further

Li Auto's net income rose 86.24 percent in the second quarter from the first quarter, while gross margins slipped to 19.5 percent.

For details, please visit CnEVPost.

Categories
China Chips Electric eMobility eV XPeng

Xpeng’s in-house AI chip for EVs, robots, flying cars hits major milestone

Xpeng's Turing chip saw a successful tape-out, with one chip having three times the computing power of the autonomous driving chip it currently uses.

For details, please visit CnEVPost.

Categories
China Electric eMobility eV New EV Models XPeng Xpeng M03 Xpeng Mona

Xpeng launches Mona M03 to rival Tesla Model 3 at half price

Xpeng announced shortly after the launch event that the Mona M03 saw firm orders exceed 10,000 units in 52 minutes.

For details, please visit CnEVPost.

Categories
China Electric eMobility eV Nio Nio Onvo Onvo L60

Nio Onvo to open 1st batch of over 100 stores on Sept 1

Onvo will see its first batch of over 100 stores open on September 1, covering 55 cities, as the official launch of its first model, the L60, nears.

For details, please visit CnEVPost.

Categories
BYD China Deliveries Electric eMobility eV EV Data Insurance Registrations Leapmotor Li Auto Nio Tesla Weekly Data Xiaomi XPeng Zeekr

China EV insurance registrations for week ending Aug 25: Nio 4,600, Tesla 14,200, Xiaomi 2,100, BYD 87,800

Li Auto had 11,600 insurance registrations last week, Xpeng 2,800, Zeekr 3,000, Leapmotor 6,200 and Aito 9,000.

For details, please visit CnEVPost.

Categories
China Electric eMobility eV Leapmotor Leapmotor Stock

Leapmotor CEO pledges to increase shareholding in company

Leapmotor executives, including the CEO, plan to increase their holdings of the company's Hong Kong-traded shares by up to RMB 300 million ($42 million) over a six-month period.

For details, please visit CnEVPost.

Categories
Canada Tariffs China Electric eMobility eV Industry News Policy tariffs

Canada to impose 100% tariff on Chinese EVs, report says

The Canadian government plans to announce a 100 percent levy on EVs from China and 25 percent on steel and aluminum, Bloomberg reported.

For details, please visit CnEVPost.

Categories
China Electric eMobility eV XPeng XPeng Stock

Xpeng CEO increases shareholding in his firm

Xpeng CEO increased stake in his company in Hong Kong and US stock markets, and plans to increase it further.

For details, please visit CnEVPost.