Chinese EV maker Zeekr delays U.S. IPO

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XPeng (XPEV) G9 places third in Denmark’s 2024 Car of the Year

December 4, 2023 2:55 PM UTC

XPeng Motors (NYSE: XPEV), a prominent Chinese electric vehicle manufacturer, clinched the third position in Denmark's Car of the Year 2024 awards last week with their leading XPeng G9 SUV.

Organized by the association of Danish Motor Journalists, Denmarks prestigious Car of the Year award celebrates vehicles... More

Nio (NIO) awarded manufacturing license to build cars in China

December 4, 2023 1:01 PM UTC

According to the Chinese ministrys website. electric vehicle maker, Nio (NYSE: NIO) has recently been included in a database by the Chinese industry that allows companies to manufacture vehicles within the country, as stated on the ministry's website.

Specific information regarding the timing or issuance of a manufacturing license to Nio was not provided on the... More

Nio Inc. (NIO) reports deliveries of just under 16k units in November

December 1, 2023 10:40 AM UTC

Chinas NIO Inc. (NYSE: NIO), a prominent player in the high-end smart electric vehicle sector, released its November 2023 delivery figures on Friday.

In November 2023, NIO achieved a delivery milestone of 15,959 vehicles, marking a 12.6% increase compared to the previous year.

Among these deliveries were... More

XPeng (XPEV) delivers more than 20k EVs in November

December 1, 2023 10:24 AM UTC

Electric automaker, XPeng (NYSE: XPEV) announced Friday that the Chinese car company had delivered 20,041 Smart EVs in November, representing a 245% increase over the same time last year.

The announcement also marks the companys second consecutive month of 20,000 or more deliveries.

XPeng has seen continuous monthly growth in vehicle deliveries for the... More

Li Auto (LI) passes 300k EV delivery goal a month early

December 1, 2023 9:29 AM UTC

Chinese electric automaker, Li Auto announced Friday that the company delivered 41,030 vehicles in November 2023, a 172.9% increase over the same time last year.

The automakers cumulative year-to-date deliveries reached 325,677 as of the end of November 2023, surpassing the companys 2023 target of 300,000 vehicles ahead of schedule.

Bolstered by the strong growth momentum of our three Li L series models, our monthly deliveries have exceeded 40,000 vehicles for two consecutive... More

XPeng's (XPEV) G9 wins People's Favorite car of the year award in Norway

November 30, 2023 12:26 PM UTC

Xpeng Motors (NYSE: XPEV) announced Thursday that their XPENG G9 electric vehicle has become the first Chinese branded vehicle to win "People's Favorite 2024" in Norway's renowned Car of The Year awards.

"People's Favorite" is part of the esteemed Car of the Year 2024 award, an event orchestrated for the nineteenth consecutive year by Dagbladet in partnership with media outlets... More

Mercedes-Benz teams with BMW to expand EV charging in China

November 30, 2023 9:29 AM UTC

German automaker, Mercedes-Benz disclosed Thursday its successful negotiation with BMW to establish a collaborative partnership to focus on a robust charging network for high-powered electric vehicles in China.

The company, in its statement, outlined plans to install a minimum of 1,000 high-power charging stations, adding around 7,000 charging points across... More

NIO (NIO) PT Lowered to $11 at Deutsche Bank

November 30, 2023 6:54 AM UTC

Deutsche Bank analyst Vincent Ha lowered the price target on NIO (NYSE: NIO) to $11.00 (from $16.00) while maintaining a Buy rating.... More

Nio (NIO) teams with Geely to advance battery swapping in EVs

November 29, 2023 2:12 PM UTC

Chinese automakers Nio (NYSE: NIO) and Zhejiang Geely Holding Group, on Wednesday, announced a strategic partnership agreement focused on battery swapping.

This collaboration between the automakers involves joint efforts in setting standards, advancing technology, and developing models.

Geely, known for its diverse brands like Volvo and Zeekr, becomes the second automaker to... More

China's Nio teams up with Geely on auto battery swapping

November 29, 2023 12:17 AM UTC

BEIJING (Reuters) - Chinese automakers Nio and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development.

The deal makes Geely, whose brands range from Volvo to Zeekr, the second automaker to sign a battery swapping partnership with Chinese electric vehicle maker Nio.

Nio, which has been looking to lower costs, announced a tie-up with Changan Automobile last... More