Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs.
On November 1, NETA Auto, Li Auto, NIO, XPeng and other Chinese electric vehicle firms successively announced their delivery data for October. NIO, XPeng and Li Auto have been gradually surpassed by latecomers.
In response to recent reports that an infrared sensor in the rear row ceiling of Li Auto's L8 Pro SUV model has been discontinued, the Chinese new energy auto firm confirmed on the evening of October 27 that this is false information.
Li Xiang, Founder of Chinese EV maker Li Auto, recently commented on the crowded seat arrangement of Geely-backed Zeekr's 009 model, which prompted a response by Victor Yang, senior vice president of Geely and CMO of Zeekr.
Simon Wang, the head of AI algorithms for intelligent driving and the chief scientist for AI at Li Auto, will leave his job in the near future. Wang is mainly responsible for the research and development of AI algorithms for applications such as intelligent driving perception and maps.
A Chinese vehicle owner attested on domestic social media on October 10 that when he was charging his XPeng EV at the company's own facility, he found that a QR code for Li Auto had been posted in the lower left-hand corner of the operation guide.
A group of China's top new energy vehicle makers including NIO, XPeng Motors and Li Auto have all been researching the development of their own automated driving chips.
Niutron, an EV maker established by Li Yinan, the founder of Chinese electric scooter firm Niu Technologies, unveiled its first model called the Niutron NV. One blogger's comparison between the new model and Li Auto's L7 was questioned by Li Auto's founder.
Chinese automaker BYD outsold Tesla by nearly 200,000 vehicles globally in the third quarter of 2022, according to the latest data released by the two companies.
NIO's second sedan ET5 officially started delivery in cities including Shanghai and Suzhou. Aiming at the pure electric, mid-sized luxury vehicle market, the ET5 will compete against products such as the Tesla Model 3 and BMW 3 Series.
Although Tesla has denied the rumor of price reductions, the news has already had a certain impact on the pricing strategy and rhythm of new products released by XPeng Motors and Li Auto.
On September 29, Hesai Technology announced that the monthly delivery of its AT128 has exceeded 10,000 units, making it the world's first lidar manufacturer to accomplish the feat.
Chinese electric vehicle startup Leapmotor was officially listed in Hong Kong on September 29, with an opening price of HK$41 ($5.22) per share, 14% lower than its issue price of HK$48 ($6.11).
Chinese electric vehicle maker Li Auto now expects its deliveries for the third quarter of 2022 to total around 25,500 units, significantly lower than previous forecasts, the company stated on September 26.
Nasdaq-listed Chinese new energy vehicle company Li Auto has recently set up a new automobile services company in Shanghai. The registered capital of the firm has reportedly reached 1 billion yuan ($140.4 million).
On the evening of September 22, Chinese new energy automobile company Li Auto announced that the new generation of its Li ONE, the Li L8, will be announced at a press conference on September 30, and will start delivery in early November.
Li Auto previously confirmed it would stop production of Li ONE as it prepares to launch an updated version named the Li L8, accompanied by a price reduction promotion. This series of moves angered many Li ONE consumers who had just bought the car at the original price.
As of September 7, three leading Chinese new energy vehicle (NEV) enterprises, including NIO, XPeng Motors and Li Auto, had successively released their financial reports for the first half of 2022. The combined losses of three firms amounted to nearly 9.6 billion yuan ($1.38 billion).
