In the second quarter of 2024, Xiaomi's innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent.
For details, please visit CnEVPost.
Author: Phate Zhang
Zeekr reported gross margins of 17.2 percent in the second quarter, compared to 12.3 percent in the second quarter of 2023 and 11.8 percent in the first quarter of 2024.
For details, please visit CnEVPost.
Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of its SEA Intelligent Driving system on the city's highways and urban expressways.
For details, please visit CnEVPost.
The Z9GT will officially go on sale and begin deliveries in September, and its powerful performance and lower-than-expected prices mean Denza has high hopes for its sales.
For details, please visit CnEVPost.
BYD, Geely, and SAIC all face slightly lower tariff rates than previously, while Tesla's 9 percent is well below the 20.8 percent indicated last month.
For details, please visit CnEVPost.
Xpeng reported revenues largely in line with expectations in the second quarter, with gross margin increasing sequentially for the fourth consecutive quarter and net loss narrowing slightly from the first quarter.
For details, please visit CnEVPost.
Nio Power will build a new battery swap station manufacturing base in Wuhan, targeting an annual capacity of over 1,000 battery swap stations.
For details, please visit CnEVPost.
Li Auto had 10,700 insurance registrations last week, Xpeng 2,300, Zeekr 3,500, Leapmotor 5,300 and Aito 5,600.
For details, please visit CnEVPost.
The Xpeng Mona M03 will have a starting price of no more than RMB 135,900 ($19,050), according to a previous poster from the company.
For details, please visit CnEVPost.
After the transaction, Avatr will hold a 10 percent stake in Newcool, while Huawei will hold 90 percent.
For details, please visit CnEVPost.