XPeng
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XPeng announces new P7 with scissor doors, plans world's first LIDAR-equipped car
Chinese EV maker XPeng today announced the new XPeng P7 Scissor Door Edition, available in 4WD High Performance and Rear-Wheel Drive versions with a subsidized retail price of RMB 366,900 to RMB 409,900.
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BYD exec calls for Tesla, NIO to jointly impact China's gasoline car market
Including Tesla, NIO, XPeng, everyone should work together to impact the gasoline car market, so that consumers who wanted to buy fuel cars at the price range of 200,000 yuan to 300,000 yuan will shift to new energy vehicles.
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Hillhouse Capital, which liquidated NIO at its lowest point, re-bought big in Q3
As of September 30, Hillhouse Capital owned 2,411,000 shares of NIO stock worth $51.17 million.
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How many mistakes has Citron made in shorting NIO?
NIO shares plunged nearly 8% on Friday after being shorted by Citron, but the company's shares rallied more than 2% on Monday and more than 2% in pre-market trading on Tuesday.
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Citi raises price targets on XPeng and Li Auto
Citi raised price target on XPeng (XPEV.US) from $34.70 to $57.71, and maintains "Buy" rating. The bank also raised Li Auto (LI.US) rating from "Neutral" to "Buy" with a price target raised to $45.60 from $27.10.
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XPeng says it has filed a total of 1,574 patents
Since its establishment, Chinese electric car company XPeng Motors (NYSE: XPEV) has applied for 1,574 patents, including 1,511 domestic patents, said Fan Jinbiao, IP manager of XPeng.
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XPeng says it expects its second production base to begin operations in 2022
Tesla's Chinese rival and Alibaba-backed XPeng Motors's second manufacturing base was settled in the Guangzhou Development Zone in September this year and is scheduled to start production by the end of 2022, the company said in a conference call after announcing its third-quarter results on Thursday.
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NIO stock rises above $50 pre-market, to report Q3 results on Nov 17
Boosted by its local peers' better-than-expected earnings report, Chinese electric vehicle (EV) maker NIO (NYSE: NIO) shares surged above $50 in pre-market trading session on Friday, hitting a new all-time high.
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XPeng Q3 revenue beats expectations, gross margin turns positive for first time
Chinese EV maker XPeng posted revenue of RMB 1.99 billion in the third quarter, higher than market expectations of RMB 1.9 billion, the company said today in financial results for the third quarter ended September 30, and expects fourth-quarter revenue of about RMB 2.2 billion.
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Leading VC explains why they are betting heavily on China's smart EV sector including Li Auto and XPeng
In a report released today, Matrix Partners China, a leading venture capital (VC) firm that has backed major Chinese tech firms at their early stages, says it is not surprised by the popularity of electric vehicles in China today, as it very much recognizes the underlying revolution that smart electric vehicles will bring.