XPeng (XPEV) surges on cost cuts and new platform

Baidu’s (BIDU) Jidu Auto skips Shanghai auto show due to marketing plans

Yicai Global, the financial news arm of state-owned media conglomerate, Shanghai Media Group reports today, citing a source at the company, that Baidu-backed Jidu Auto is absent from the ongoing Shanghai Auto Show because the event did not fit in with the automakers product marketing plans.

The Shanghai... More

XPeng (XPEV) unveils its Xiaopeng G6 electric SUV at Auto Shanghai

The Shanghai Auto show kicked off Tuesday after last years Covid-hiatus, with many automakers eager to promote their brands. Chinese EV maker Xpeng (NYSE: XPEV) was no exception, announcing the release of the companys new medium-sized SUV, the Xiaopeng G6.

The Xiaopeng G6 is the first... More

Li Auto (LI) plans to nearly triple EV line-up by 2025

Chinese electric automaker, Li Auto (NASDAQ: LI) announced Tuesday, plans for the company to expand its line-up to 11 models by 2025, up from four currently, targeting the market for vehicles priced at 200,000 yuan ($29,100) and higher.

Li Auto's president and chief engineer Ma Donghui... More

CEO William Li says Nio (NIO) 'will certainly not join the price war'

The CEO of Chinese electric automaker, Nio Inc (NYSE: NIO) told CNBC in an interview that the company will not cut prices.

For us, we will certainly not join the price war, CEO William Li said, according to a translation of the interview, claiming Nios products and services are worth the price.

Li said his company will focus on improving its customer services such as adding battery swapping and charging stations. The swapping technology that changes out batteries so that drivers dont have to wait for charging.

Nio announced last... More

XPeng (XPEV) Presents SEPA2.0

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, today unveiled its next-generation end-to-end integrated technology architecture SEPA2.0, which sets the foundation for future production models.

SEPA2.0 (Smart Electric Platform Architecture) brings a series of more advanced architectural solutions, from XPENGs in-house development autonomous driving software to vehicle engineering. It will shorten future models R&D cycle by 20%, significantly optimizing R&D efficiency. 80% of architectural components will be compatible with new models, enabling XPENG to meet diverse customer needs at optimized costs.

SEPA2.0 is adaptable and flexible with multiple... More

XPeng Inc. (XPEV) option implied volatility near low end of range

XPeng Inc. (NYSE: XPEV) 30-day option implied volatility is at 69; compared to its 52-week range of 69 to 127 into debuting its next production model on Tuesday, April 18, at Auto Shanghai 2023.

XPeng Inc. (XPEV) option implied volatility low into debuting its next production model at Auto Shanghai 2023

XPeng Inc. (NYSE: XPEV) 30-day option implied volatility is at 69; compared to its 52-week range of 69 to 127 into debuting its next production model on Tuesday, April 18, at Auto Shanghai 2023.

XPeng (XPEV) to present next-gen vehicle tech plans in live briefing ahead of Shanghai autoshow

Chinese 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

The 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.

Morgan 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

Bloomberg 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