Alibaba Sells Part of Xpeng Stake, Reducing Shareholding to 7.5%
Alibaba Group announced on December 15th that it has sold a portion of its stake in Xpeng Motors, reducing its shareholding from 10.2% to 7.5%.
Category: Auto
Showing 12 of 1674 posts in this category
BYD Offers Glimpse of Seal Electric Sedan
After launching new models within its Han series, Chinese electric vehicle maker BYD has begun to generate interest in another sedan named "Seal," which is expected to be officially launched this month.
4/13/20222 min read
XPeng to Adjust Configuration, Price, and Rights of Some Models
Guangzhou-based auto firm XPeng announced on Friday that it will adjust the configuration, price and rights of some models from May 9, in order to popularize Advanced Driving Assistance System vehicles to more users.
5/7/20222 min read
Li Auto Provides Limited-Time Insurance Subsidy for L9/L8/L7 Models
Li Auto announced today that, to celebrate the one-year anniversary of Li L-Series deliveries, cumulative deliveries have exceeded 250,000 vehicles and they are launching a limited-time insurance subsidy campaign.
8/30/20232 min read
Tesla's New Model 3 Enters Mass Production at Gigafactory Shanghai
On August 17th, it was reported that the production of the new model of Tesla's Model 3 has started at Gigafactory Shanghai.
NIO May Unveil Interior of ET5 at Chengdu Auto Show
The interior of the NIO ET5 vehicle model may be officially unveiled during the Chengdu Auto Show 2022, during which consumers will be able to experience it for themselves.
7/21/20223 min read
Baidu Surges Ahead With Release of Industry's First Autonomous Bus Standards
Recently, under the guidance of the China Intelligent Transportation Industry Alliance, the "Association Standards on Autonomous Buses" were officially released.
1/10/20223 min read
Xpeng Launches AI-Driven P7+ in China Starting at $26,100
On November 7, Chinese electric vehicle maker Xpeng Motors officially launched the Xpeng P7+ in China, its first AI-driven vehicle.
AITO M5 EV to Be Launched on September 7
The AITO M5 EV under the AITO banner jointly built by Huawei and Seres will announce its retail price at Huawei's new product launch conference on September 7.
8/17/20222 min read
WeRide Receives Strategic Investment from GAC Group to Develop Robotaxis for Large-scale Operation
WeRide, an autonomous driving company, has received a strategic investment from Chinese automaker Guangzhou Automobile Group (GAC Group).
12/14/20212 min read
Chinese EV Firm NIO to Launch Rental Battery Buyout Plan
Chinese new energy automobile company NIO confirmed on Monday that it will launch a BaaS ("battery-as-a-service”) buyout plan.
4/25/20222 min read
BYD's July New Energy Vehicle Sales Up $222% YoY
Chinese electric vehicle firm BYD disclosed its July production and sales report on August 3. The company produced 163,358 new energy vehicles in July, a year-on-year increase of 221.70%.