Xpeng falls to record low in Hong Kong after disappointing Q3 guidance
Xpeng has fallen a cumulative 64 percent so far this year in Hong Kong. Li Auto has fallen a cumulative 11 percent so far this year. Nio has…
Xpeng’s weak Q3 outlook suggests further demand deterioration, says Deutsche Bank
"Even if we embed some degree of conservatism, this suggests further demand deterioration in Aug/Sep on a sequential basis."
Xpeng Q2 revenue beats estimates, but provides weak guidance for Q3
Xpeng expects third-quarter deliveries of 29,000 to 31,000 units, up only about 13 to 20.8 percent year-over-year.
BYD aims to have 100 dealership stores in Japan by 2025
BYD will sell cars in Japan through a dealer network rather than directly operated stores, because the former is the way Japanese consumers…
Li Auto beats Q2 revenue estimates, but disappoints on Q3 guidance
Li Auto expects third quarter revenue to be RMB 8.96 billion to RMB 9.56 billion, below market expectations of RMB 13.98 billion.
BYD expects net profit of up to $533 million in H1
BYD's strong growth in NEV sales has driven a significant improvement in its earnings and eased the pressure on earnings from upstream raw…
Xpeng Q1 revenue beats estimates, but offers downbeat guidance
Xpeng expects second-quarter revenue of RMB 6.8 billion to RMB 7.5 billion, below market expectations of RMB 8.33 billion.
Li Auto aims to have over 3,000 supercharging stations in China by 2025
Li Auto aims to have its fast-charging network cover 36 national highways by 2025.
Nio aims to have over 1,300 swap stations in China by end of 2022
Nio says it will continue to build charging stations, battery swap stations, with the goal of making charging more convenient than refueling.
BYD expects to sell up to 1.2 million NEVs next year
BYD expects to sell 600,000 pure-play EVs and 500,000-600,000 plug-in hybrids next year, corresponding to a market share of about 25 percent in China.