EV market Archives

Chinese EV Manufacturer Xpeng Motors Files for IPO on NYSE

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.”

Xpeng Motors Announces US$500mn Series C+ Financing

Xpeng Motors, a leading smart electric vehicle company in China, announced on July 20 the signing of its Series C+ financing of around US$500 million.

Chinese EV Maker Li Auto Files for Nasdaq IPO

Chinese electric vehicle (EV) maker Li Auto Inc. has filed for a US initial public offering of up to $100 million, seeking to list its stock on the Nasdaq.

China’s EV Maker Xpeng Receives License for its Factory

Chinese electric vehicle (EV) startup Xpeng Motors has received a license from China’s Ministry of Industry and Information Technology to produce whole vehicles, the company announced today.

China’s EV Race Gets More Serious as Tesla Strengthens its Foothold

Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.

China Raises 2025 New Energy Car Sales Target to 25%

The Ministry of Industry and Information Technology (MIIT) is now raising the stakes, setting a higher target for the proportion of environmentally friendly cars out on the roads.

Toyota Topples GM as Second Best Selling Car Maker in China

According to numbers reported by a research company LMC Automotive, Toyota was responsible for 7.8% of China’s new car sales during the first nine months of 2019, falling short of toppling Volkswagen as the market leader, but outpacing GM and the local automotive leader SAIC Motor.

Tesla Gets Ready to Release Model 3 in China

On November 7, Tesla’s official Weibo account announced that the Chinese-made Tesla Model 3 is “coming soon” to the largest automotive market in the world.

XPENG Motors Hold a Joint Tech Day With Tsinghua University

On October 24, celebrated in China as the programmers’ day due to the reference to the number 1024, XPENG Motors held a joint Tech Day with Tsinghua University.

Tesla Shanghai Factory Ready for Production

On the morning of October 24, Tesla released the Q3 financial report for 2019. It shows that its profits reached $143 million, with the company’s per car revenue rate increasing by 22.8%.

Tesla’s Shanghai Gigafactory Up and Running for Production

Electric car maker Tesla’s landmark gigafactory in Shanghai has officially received the required power supply for preliminary production from the State Grid Corp of China.

Tesla is Looking to Build Major Engineering Team in China

Tesla is reported to be putting together “a major engineering team in China.”

XPeng Motors President: ‘We don’t have any concerns about our product’

We sat down with Brian Gu, president and vice-chairman of XPeng Motors, to learn more about the company and his vision for the future of EVs.

Xpeng Completes Production of 10,000 Smart EVs and Gets Leg up on Competition

On June 18, Xpeng Motors completed the production of 10,000 units of its its first production model, the G3 smart EV.

Ep. 6: Murder on the DiDi Express & China’s Love Affair with EVs

This week on TechBuzz China by Pandaily, our hosts Ying-Ying Lu and Rui Ma talks all about the happenings of the auto industry in China. There is a good news and bad news, which one do you want to hear first?

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