Chinese electric vehicle startup XPeng unveiled its latest vehicle on Wednesday, the P5 fastback. The fully electric P5 will compete with models like the Tesla Model 3 in China, which is the world’s biggest auto market. The P5 is also the world’s first production vehicle equipped with automotive-grade lidar technology for autonomous driving.
Eric Walz2021-09-15 15:45 PT
Chinese electric vehicle startup Xpeng will officially launch its third battery-powered model on Sept 15 named the P5. It will be the world’s first production vehicle equipped with lidar technology from the factory to support autonomous driving. The company first unveiled the P5 in April at the annual Auto Shanghai car show. Deliveries to customers will start in October.
FutureCar Staff 2021-09-10 16:00 PT
Chinese electric vehicle startup Xpeng continues to post big sales numbers in China, which is the world’s biggest auto market. The EV startup delivered 7,214 vehicles in August 2021, representing an increase of 172% from a year ago. Xpeng’s growing sales in China have resulted in increased competition for Tesla.
FutureCar Staff 2021-09-02 15:30 PT
Access to convenient charging is one of barriers to the widespread adoption of EVs around the globe. So segment leader Tesla continues to build out its Supercharger network in China, which is the world’s biggest auto market. As of Aug 14, Tesla’s Supercharger network in China grew to include 7,000 chargers.
Eric Walz2021-08-25 13:25 PT
Chinese electric vehicle startup XPeng plans to double its manufacturing capacity as it takes on segment leader Tesla and others in the world’s biggest auto market with its smart, connected vehicles. The new plant will double Xpeng’s annual vehicle production capacity from 100,000 to 200,000 electric vehicles.
Eric Walz2021-08-18 08:45 PT
The first patent images of the refreshed P7 Smart Sedan from Chinese EV startup and Tesla rival XPeng were revealed online this week by China's Ministry of Industry and Information Technology (MIIT). The refreshed P7 will be powered by a new lithium iron phosphate (LFP) battery pack supplied by Chinese battery maker Contemporary Amperex Technology Co., Ltd. (CATL).
Eric Walz2021-08-13 15:45 PT
Tesla's July sales figures in China were announced on Tuesday by the China Passenger Car Association and it shows that most of the electric vehicles Tesla built at its Shanghai factory last month were exported to other countries. Local sales of China-made vehicles fell by 69% to just 8,621 cars compared to June when Tesla sold 28,138 electric vehicles to customers in China.
FutureCar Staff 2021-08-10 12:55 PT
China's electric vehicle startup and Tesla challenger XPeng Inc. continues to post record sales. The company reported its highest ever monthly deliveries of 8,040 electric vehicles in July. It represents a 228% increase year-over-year, and a 22% increase compared to June. It was XPeng’s second consecutive month of record electric vehicle deliveries.
Eric Walz2021-08-02 14:30 PT
Ford has announced that it will add a new long-range RWD SE variant to its Mustang Mach-E line-up in China with prices starting at 282,000 yuan ($43,450). It’s lower price tag means it qualifies for state-led subsidies in the country for the purchase of an electric vehicle.
Manish Kharinta2021-07-26 16:00 PT
Swedish automaker Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding (Geely) from its joint ventures in China, in a move that could make a possible initial public offering (IPO) of Volvo Cars more attractive to investors. Chinese automaker Geely is the parent company of Volvo Cars and the two companies are joint venture partners in China building cars for the local market.
FutureCar Staff 2021-07-21 13:00 PT
Automaker Volkswagen is continuing its electric vehicle push in China, which is the world’s biggest auto market. FAW-Volkswagen, the joint venture of Chinese automaker FAW Group and Volkswagen, has started deliveries of the ID CROZZ SUV, newest member of the ID family of fully electric vehicles for the China market.
FutureCar Staff 2021-07-19 16:30 PT
New Energy Vehicle (NEV) startup Li Auto topped the list in new vehicle registrations for China’s EV startups for the month of June, according to the China Automotive Technology & Research Center. It’s the first time ever that Li Auto took the top spot for New Energy Vehicle (NEV) startups in monthly insurance volume.
Eric Walz2021-07-12 11:55 PT
China’s New Energy Vehicle market, which includes fully-electric and hybrid vehicles, is heating up. Two of China’s newest EV startups, NIO Inc. and XPeng, both reported record sales for the month of June.
Eric Walz2021-07-01 12:30 PT
China-based autonomous driving startup WeRide has raised another $310 million at a $3.3 billion valuation, its second major funding round this year. WeRide also announced it was deepening its partnership with Japan's Nissan Motor Co to develop level-4 autonomous driving technology for its vehicles in China.
FutureCar Staff 2021-06-23 13:50 PT
As Tesla deals with the fallout of increased government scrutiny over its customer service and how it handles data, its vehicle sales fell last month in China by nearly 50%. Tesla is also facing growing competition from rival automakers in China in the electric vehicle space.
FutureCar Staff 2021-06-04 12:45 PT
Xpeng Inc., one of Tesla’s biggest competitors in China, continues to report growing EV sales. The company announced its vehicle delivery results for May 2021, which included sales of 5,686 electric vehicles. The total represents a 483% increase in year-on-year sales for the month of May.
Eric Walz2021-06-01 14:30 PT
Chinese New Energy Vehicle (NEV) startup Li Auto unveiled the refreshed Li One SUV with improvements in the powertrain, driving assistance system, intelligent cockpit, and user experience. With its redesigned Li ONE, the automaker expects monthly deliveries to reach 10,000 units by September, according to Shen Yanan, President & Co-founder of Li Auto.
Eric Walz2021-05-28 12:55 PT
After getting flack from regulators over how electric automaker Tesla stores camera and sensor data from its vehicles in China, the California company is working with Chinese regulators and has set up a data site to securely store it. Automakers are facing growing scrutiny over how they handle data collected by vehicle cameras or sensors.
Eric Walz2021-05-25 10:50 PT
The first of Tesla's China-built V3 Superchargers is now online in Shenzhen. The V3 Superchargers for Tesla's charging network in China are now being built at the automaker's new Supercharger manufacturing facility in Shanghai, which started production on Feb 3. Tesla is actively expanding its Supercharging network in China, which is the world's biggest auto market.
Eric Walz2021-05-21 10:55 PT
Chinese electric vehicle startup and Tesla challenger Xiaopeng Motors ("XPeng") announced its first quarter results on Thursday, which included a big jump in vehicle deliveries and gross revenue. The company reported total revenues were RMB2,950.9 million (US$450.4 million) for the first quarter of 2021, representing an increase of 616.1% from the same period last year and a 3.5% increase from Q4 2020.
Eric Walz2021-05-13 15:30 PT
Eric WalzSep 15, 2021 3:45 PM PT
FutureCar Staff Sep 15, 2021 11:50 AM PT
Eric WalzSep 15, 2021 9:00 AM PT