EV
Xpeng Motors says gross margin for Q4 2020 stands at 7.4%
Xpeng Motors says gross margin for Q4 2020 stands at 7.4%

The New York-listed Xpeng Motors announced its gross margin for the fourth quarter of 2020 (Q4) stood at 7.4%, versus negative 6.6% for the prior-year period and 4.6% for the third quarter last year.

Mar. 8 , 2021
Polestar sets an example in reducing lifecycle CO2 emissions
Polestar sets an example in reducing lifecycle CO2 emissions

Polestar suggests that uniform methodology should be adopted across the industry to assess vehicles’ carbon emissions throughout the entire life cycle and that industry-wide transparency is in the best interests of everyone.

Mar. 8 , 2021
NIO, Li Auto, Xpeng see YoY surge of Feb. deliveries, more efforts for global market
NIO, Li Auto, Xpeng see YoY surge of Feb. deliveries, more efforts for global market

Even though local market is still their primary focus, the three Chinese EV startups are also stepping up efforts for overseas market.

Mar. 5 , 2021
WM begins presale of third mass-produced model W6
WM begins presale of third mass-produced model W6

WM Motor announced it began taking pre-orders for its third mass-produced model, the W6 all-electric SUV, on March 1, and will start formal delivery next month.

Mar. 1 , 2021
Geely said to locate new smart EV venture in Hefei
Geely said to locate new smart EV venture in Hefei

Geely Auto’s all-new smart electric vehicle (EV) company is expected to be located in Hefei, capital of Anhui Province, according to a local media, citing people with direct knowledge.

Feb. 25 , 2021
Shanghai eyes over 1.2 million-unit NEV annual outputs by 2025
Shanghai eyes over 1.2 million-unit NEV annual outputs by 2025

Shanghai aims to increase its annual outputs of new energy vehicles (NEVs) to over 1.2 million units with a production value exceeding 350 billion yuan ($54.218 billion) per year by 2025.

Feb. 25 , 2021