
Xpeng Motors Launches First Batch of Super-charging Stations Along Expressways
On Monday, Xpeng announced that its first batch of 11 super-charging stations have been installed and are now in operation along expressways.
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On Monday, Xpeng announced that its first batch of 11 super-charging stations have been installed and are now in operation along expressways.
Shanghai-based electric vehicle manufacturer NIO today issued a mass recall of its ES8 models through an announcement made on its official Weibo account.
Tesla's Shanghai factory is expected to produce 300,000 cars within the first nine months of the new year, capped by a delivery rush in the end of the July-September quarter.
Xpeng Motors formally filed an initial public offering with the SEC in the early morning of August 8 to list its shares on the New York Stock Exchange (NYSE) under the symbol “XPEV.”
On Aug. 13, Chinese EV maker NIO saw its stock close at $3.05, down 2.56%, a day before the company released its July delivery data indicating that only 837 new vehicles were delivered, slumping 37.5% from the previous month.
The share price of Chinese EV startup NIO fell by 5.8% to $1.46 on October 16, which marks the largest decline in the past six days.
Tesla’s ambitious 0% minimum downpayment program for China has been canceled just three days after the option was introduced on Monday.
Li Xiang, CEO of Chinese car manufacturer Li Auto, said on Saturday that the official release date of the L9 model will be June 21.
In response to an online video showing a NIO electric vehicle charging and power exchange station being demolished, Ma Lin, senior director of enterprise communication of NIO, said that there was information asymmetry between the two sides.
On November 10, the official website of Tesla China displayed an estimated delivery time of the Standard Range version of its Model Y was adjusted from 6-10 weeks to 10-14 weeks.
The shares of the Chinese EV-maker NIO soared nearly 38% on November 5 after the company announced a deal with Intel's Mobileye on developing self-driving vehicle systems.
An electric car from Chinese EV-maker Weltmeister Motor (WM Motor) caught fire on the road in Wenzhou, a city in eastern China, on September 23, WM Motor confirmed on its official Weibo account.