Chinese domestic EV makers report January sales decline following Tesla (TSLA) price cuts

American Lithium Announces Positive Preliminary Economic Assessment for TLC, Base Case – After-tax NPV8% US$3.26 Billion & After-tax IRR of 27.5%

VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (American Lithium or the Company) (TSX-V:LI | NASDAQ:AMLI | Frankfurt: 5LA1) is pleased to announce the results of its maiden Preliminary Economic Assessment (PEA) for the Tonopah Lithium Claims (TLC) project located in the Esmerelda lithium district northwest of Tonopah, Nevada. This independent PEA was completed jointly by DRA Global and Stantec Consulting Ltd. (Stantec) and demonstrates that the TLC project has the potential to become a substantial, long-life producer of low-cost lithium carbonate (LCE or Li2CO3) with the potential to produce either battery grade LCE or... More

NIO Inc. Provides January 2023 Delivery Update

NIO delivered 8,506 vehicles in January 2023Cumulative deliveries of NIO vehicles reached 298,062 as of January 31, 2023

SHANGHAI, China, Feb. 01, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced its January 2023 delivery results.

NIO delivered 8,506 vehicles in January 2023. The deliveries consisted of 2,190 premium smart electric SUVs, and 6,316 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 298,062 as of January 31, 2023.

XPENG Announces Vehicle Delivery Results for January 2023

 

GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced its vehicle delivery results for January 2023.

This press release features multimedia. View the full release here:... More

Li Auto Inc. January 2023 Delivery Update

BEIJING, China, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today announced that the Company delivered 15,141 vehicles in January 2023, up 23.4% year over year. The cumulative deliveries of Li Auto vehicles reached 272,475 as of the end of January.

We ranked first in both Chinas full-size and large SUV markets for the full year of 2022, thanks to the outstanding sales performance of all three models we have brought to the market: Li L9, Li L8, and... More

Xpeng Appoints Fengying Wang as President

GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced that Ms. Fengying Wang (Ms. Wang) has been appointed as the President of the Company with effect from January 30, 2023.

Ms. Wang will be responsible for the Company's product planning, product portfolio management and sales operations, reporting to Mr. He Xiaopeng, Chairman and CEO of the Company.

Ms. Wang brings to us over 30 years of experience in the automotive industry, spanning roles in sales, strategy and senior management. Her leadership and... More