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

IKEA invests £4.5 million in EV charging infrastructure projects for last mile fleet in the UK and Ireland

Swedish furniture retailer, IKEA announced today a £4.5million investment in a nationwide electric charging infrastructure, which will provide charging points for electric delivery vehicles across the country to enable more emissions-free deliveries.

The EV infrastructure forms part of IKEAs ongoing transformation to become even more affordable, accessible, and sustainable as it aims to reach 100% zero emission deliveries to customers by 2025.

The investment marks one of the biggest EV charging... More

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

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) Debuts G6 Ultra Smart Coupe SUV

XPeng Inc. (NYSE: XPEV) today announced the debut of its fifth smart EV model, the XPENG G6* Ultra Smart Coupe SUV, at Auto Shanghai 2023.

The first production model based on the Companys next-generation smart electric platform architecture, SEPA2.0, the G6 delivers XPENGs latest smart driving, intelligent cabin, superfast charging and superior performance features. It will be equipped with the latest XNGP as a final stage of ADAS (Advanced Driver Assistance System) before fully realizing autonomous driving.

Aspiring to create a dream car for the younger generation, this new-breed model... More

Moderna, Xpeng and Uber rise premarket; State Street falls

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Monday, April 17th. Please refresh for updates.

Merck (NYSE: MRK) stock fell 0.1% after the drugs giant announced Sunday plans to acquire... More

XPeng (XPEV) surges on cost cuts and new platform

Chinese electric vehicle maker XPeng (NYSE: XPEV) is up 11.09% in pre-market trading on Monday after the company unveiled its next-generation end-to-end integrated technology architecture SEPA2.0 over the weekend.

XPengs SEPA 2.0 platform is expected to reduce costs of powertrain systems, including batteries, by 25% by the end of... 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