Xpeng (XPEV) publishes 2022 ESG report
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XPeng (XPEV) to present next-gen vehicle tech plans in live briefing ahead of Shanghai autoshow
April 14, 2023 3:32 PM EDTChinese electric automaker XPeng (NYSE: XPEV) announced today that the company will host a press briefing on Sunday, April 16, 2023, to present its next-generation vehicle technology architecture. In addition, the Company will debut its next production model at Auto Shanghai 2023 on Tuesday, April 18, 2023, with an... More
Organizer plans show Tesla (TSLA) skipping Shanghai autoshow
April 14, 2023 11:37 AM EDTThe Shanghai autoshow, Chinas largest annual autoshow, begins next week. However, one of the biggest automakers in China will not be there. according to plans published by the event's organisers, electric vehicle giant Tesla (NASDASQ: TSLA) will not be occupying a booth this year.
China is set to host Auto... More
Morgan Stanley looks to Norway, says their EV market is 2 decades ahead of U.S.
April 13, 2023 8:31 AM EDTMorgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla Inc. (NASDAQ: TSLA) after The National Bureau for Statistics in Norway released their annual car park data. Morgan Stanley looks to Norway as the country is an estimated 19yrs ahead of the US with 79% EV sales penetration in 2022.
Analyst Adam Jonas wrote in a note, The National Bureau for Statistics in Norway (Statistics Norway) released their annual car park data last Friday. The numbers speak for themselves: Norway's electric... More
Stellantis (STLA) supplier SVolt plans European expansion to five battery plants
April 13, 2023 8:09 AM EDTBloomberg reports Thursday that Chinese battery maker SVolt Energy Technology Co. is set to expand its footprint in Europe to as many as five factories.
Asian companies dominate battery-making in Europe. Data shows some 44% of planned battery capacity in Europe by 2030 is expected from Asian companies, with Chinese battery giant CATL on top of the list.
SVolt already has two locations in Germany with one facility set to start supplying Stellantis (NASDAQ:... More
Zeekr launches compact electric SUV, targets European market
April 12, 2023 1:34 PM EDTChinese electric vehicle maker Zeekr announced Wednesday that the automaker launched a compact, all-electric sport utility vehicle, as it targets a premium market in China that has been dominated by German automakers. The company also announced plans to offer the SUV-styled Zeekr X and its Zeekr 001 EV sedan in Western Europe, but would not disclose when that would be.
With a starting price of 189,800 yuan ($27,615.31) in China, the Zeekr X offers... More
BYD launches new chassis suspension system in effort to move upmarket
April 10, 2023 11:42 AM EDTChinese automaker, BYD on Monday announced the launch of their new chassis suspension system as the electric vehicle maker ramps up efforts to move upmarket with premium products.
The BYD DiSus Intelligent Body Control System is similar to the chassis suspension systems available in premium and luxury... More
China March Retail Passenger Vehicle Sales Up 0.3% Y/Y - Bloomberg
April 10, 2023 5:41 AM EDTChina March Retail Passenger Vehicle Sales Up 0.3% Y/Y - Bloomberg
... More