XPENG And The Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration
XPeng Inc. (“XPENG”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that XPENG and the Volkswagen Group have entered into…
BorgWarner Strengthens eMotor Business With XPeng
BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a leading Chinese Smart EV company. The product will be used on the X9 MPV as well as XPeng’s next electric B-class sedan, with start of production planned for…
Chinese EV Maker Xpeng’s Operating Loss Widens on Production Ramp-up Costs
China’s Xpeng posted a wider-than-expected quarterly operating loss on Wednesday due to costs stemming from a production ramp-up, sending the U.S.-listed shares of the electric-vehicle maker down more than 3%. Smaller Chinese EV makers such as Xpeng and Nio are…
Beijing Blasts Eu For Protectionism While China Ev Stocks Slide
Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped. European Commission President…
EV Maker XPeng Announces Strategic Partnership With Didi, Shares Rise In Hong Kong
XPeng’s shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global. XPeng’s Hong Kong-listed shares rose 14% to 74.45 Hong Kong dollars (US$9.49), taking its year-to-date gains to 94%. XPeng will…
Tesla Rival Xpeng Acquires Chinese Giant DiDi’s Smart EV Assets For $744 mn
In a bid to challenge Tesla’s dominance, ride hailing giant Didi Global on Monday sold its smart EV assets to electric vehicle company Xpeng for nearly $744 million. DiDi Global and XPeng jointly announced a strategic cooperation where the two…
VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the electric-vehicle upstart and the latest sign of how rapidly China is starting to dominate the global transition to clean vehicles. The deal…
Sales surge for three emerging Chinese Tesla competitors as BYD takes the lead.
Hong Kong, not only China-based BYD, which is now a formidable electric car-maker, but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs comes back on track. According to a report in the South China…
XPENG Launches G6 Ultra Smart Coupe SUV In China
XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced the official launch of its G6 Ultra Smart Coupe SUV, the Company’s inaugural model based on its next-generation…
Here Are The 5 Major Chinese EV Brands You Should Know About
China, the world’s largest car market, is now a major automobile producer and exporter as well. The Asian giant’s EV edge is thanks to its push for clean energy technology, including in the transportation sector. “Having recognized the potential of electric vehicles 15…
