Media Source : Reuters 07 JAN 2023 Customers at a Tesla showroom in Shanghai Oct. 16, 2022 [BLOOMBERG] SHANGHAI - Hundreds of Tesla owners gathered at the automaker's showrooms and distribution centers in China over the weekend, demanding rebates and credit after sudden price cuts they said meant...
Media Source : CNBC 04 JAN 2023 by Arjun Kharpal @ARJUNKHARPAL KEY POINTS Apple and Tesla are facing major headwinds in China. Tesla shares tanked 12% on Tuesday after the electric car maker reported deliveries that fell short of analyst expectations. Apple dropped more than 3% as concerns...
Media Source : Pandaily 14 DEC 2022 Lucid Motors, an American electric vehicle maker and potential Tesla rival, has commenced a recruitment drive in China, involving 14 positions in digital informationization, hardware engineering, law, logistics management, supply chains, retail and other fields, according to a report by...
Media Source : Business Insider Tim Levin 18 DEC 2022 Foxconn, the biggest contract electronics manufacturer in the world, wants to make your next car. The Taiwanese giant assembles iPhones, iPads, and all sorts of other devices. It's making deals to build cars for electric-vehicle startups —...
Media Source : Bamboo Works 24 NOV 2022 The electric vehicle maker’s November sales plunged 63% as its latest model, the G9, has posted weak sales since its September launch Key Takeaways: Xpeng’s sales rose just 19% in the third quarter to 6.82 billion yuan, but its loss...
Media Source : PERIPHERY Autumn 2022 CHINA: Dam Impressive Infrastructure projects in China have always been conspicuous and by design are often impossible to comprehend. Take the recent news of how Chinese engineers will in a mere two years finish building the world’s largest 3D-printed project, the Yangqu...
Media Source : CNBC 30 NOV 2022 by Arjun Kharpal @ARJUNKHARPAL KEY POINTS Chinese electric carmaker XPeng posted a wider than expected loss and its revenue fell short of expectations — thanks to rising competition and a tougher macroeconomic environment. XPeng delivered 29,570 electric vehicles in the third...
Media Source : Bloomberg BYD’s Han sedan. Photographer: Nathan Laine/Bloomberg 05 DEC 2022 The Chinese mass-market electric car juggernaut is planning two luxury models to fuel its next phase of growth by Danny Lee (Bloomberg) Covid lockdowns, supply chain woes and power shortages hampering China’s auto industry haven’t been enough...
Media Source : Reuters 28 NOV 2022 By Nick Carey and Giulio Piovaccari Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2022 Paris Auto Show in Paris, France, October 18, 2022. REUTERS/Stephane Mahe/File Photo China has early mover advantage in EVs Falling...
Media Source : Reuters 21 NOV 2022 by Nick Carey An Xpeng Inc. P7 performance electric car is seen outside the New York Stock Exchange (NYSE) ahead of the Chinese company's IPO trading under the stock symbol "XPEV" in New York, U.S., August 27, 2020. REUTERS/Mike Segar/File Photo SOLIHULL,...