Thursday, 19 September 2024

Focus on XPeng Motors

FILE PHOTO: A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessNewsTransport

Volkswagen plans stop to production at jointly-owned China plant

Volkswagen plans to shift Passat production from its Nanjing plant in China, addressing overcapacity struggles in the market.

FILE PHOTO: The BYD logos are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Chinese EV maker BYD sets higher annual sales target, brokerage report shows

BYD annual sales goal of 4 million vehicles for 2024 would put the EV manufacturer almost on a level with Ford Motor.

FILE PHOTO: Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Chinese car sales fall for fifth straight month

Subsidies for petrol-powered vehicles help boost EVs in China car sales even as overall picture continues slump.

People sit in a MONA M03 electric vehicle (EV), displayed outside the venue of XPeng's launch event, in Beijing, China August 27, 2024. REUTERS/Florence Lo
AutomotiveBusinessElectric VehiclesNewsTransport

China’s Xpeng prices its first budget EV from $16,813

In the crowded Chinese market, the XPeng MONA M03 electric hatchback coupe hopes to lure in drivers with low prices.

People walk past the headquarters of the Chinese ride-hailing service Didi in Beijing, China, December 3, 2021. REUTERS/Thomas Peter/File Photo
AutomotiveBusinessElectric VehiclesFinanceNewsPublic TransitTransport

China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit, say sources

China's Didi Global in talks to sell its smart driving and cockpit assets to state-backed firm NavInfo amid highly competitive EV market

FILE PHOTO: A logo of XPeng is seen on the electric flying car XPeng Voyager X2 by XPeng AeroHT, before a demonstration flight in Beijing, China June 18, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric VehiclesNewsTradeTransport

XPeng projects lower-than-expected quarterly revenue

Tough competition in the EV market and increased EU tariffs on Chinese-made vehicles lead to lower XPeng revenue forecasts.

An Audi Q6L e-tron electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan
News

Audi’s new China EV series won’t have four-ring logo, sources say

Chinese Audi EV series developed with local suppliers and technologies unlikely to carry usual branding for the German marque.

The Xpeng G6 vehicle is displayed during the company's debut ceremony in Hong Kong, China May 17, 2024. REUTERS/Lam Yik/ File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

Xpeng, Volkswagen set up project house to roll out new EV architecture

Chinese EV maker Xpeng has established partnership with German automaker VW to accelerate development of new EV architecture

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