German Chancellor reveals plans for EV expansion law at IAA Munich

Aramco and Stellantis Collaboration Indicates eFuel Compatibility with European Engine Families

September 5, 2023 9:13 AM EDT

Joint Press Release

Aramco and Stellantis Collaboration Indicates eFuel Compatibility with European Engine Families

Stellantis and Aramco find that 24 engine families in European vehicles produced since 2014 (Euro 6) are compatible with expected eFuels formulationsCompanies worked together using surrogate eFuels for the testing, according to existing fuel standards, as part of their pursuit of lower-carbon energy solutionsAramco is exploring development of low-carbon eFuels as a drop-in solution to potentially reduce... More

XPENG Announces Entry Into the German Market

September 4, 2023 6:00 AM EDT

XPENG will officially launch in Germany in 2024 This will begin with the introduction of the XPENG P7 sports sedan and XPENG G9 SUV

MUNICH, Germany--(BUSINESS WIRE)-- XPENG Motors (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today shared updates on its international business at IAA Mobility, including the news of its entrance into the German market in 2024.

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

Weekly Report (August 25-31, 2023) on the Second Tranche of Stellantis Share Buyback Program

September 1, 2023 1:01 PM EDT

Weekly Report (August 25-31, 2023) on the Second Tranche of Stellantis Share Buyback Program

AMSTERDAM, September 1, 2023 - Stellantis N.V. (Stellantis or the Company) announced today that pursuant to its Second Tranche of the Share Buyback Program announced on June 7, 2023, covering up to 500 million to be executed in the open market during the period between June 7, 2023 and September 7, 2023, it has repurchased the following common shares in the period between August 25 up to and including August 31, 2023:

... More

NIO Inc. Provides August 2023 Delivery Update

September 1, 2023 5:30 AM EDT

NIO delivered 19,329 vehicles in August 2023, increasing by 81.0% year-over-yearNIO delivered 94,352 vehicles year-to-date in 2023, increasing by 31.9% year-over-yearCumulative deliveries of NIO vehicles reached 383,908 as of August 31, 2023

SHANGHAI, China, Sept. 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 August 2023 delivery results.

NIO delivered 19,329 vehicles in August 2023, representing an increase of 81.0% year-over-year.... More

XPENG Announces Vehicle Delivery Results for August 2023

September 1, 2023 5:00 AM EDT

13,690 vehicles delivered in August 2023, a 24% increase month-over-month Delivery of the G6 SUV exceeded 7,000 units in August

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 August 2023.

In August 2023, XPENG recorded monthly deliveries of 13,690 Smart EVs, a 24% increase over the prior month and a 43% increase year-over-year. Since the start of this year, XPENGs monthly delivery volume has continuously increased, maintaining solid growth momentum.

In August, XPENG G6 deliveries... More