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In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. About 3 years ago, I wrote about cars that seemed to be impressive before, like the Xpeng P5 and the BYD Dolphin.
In the early 1990s, Toyota saw that environmental awareness and tighter emissions regulations would shape the future of the automotive industry. The company aimed to create an eco-friendly, efficient vehicle that would meet future standards. In 1997 Toyota introduced the Prius to the Japanese market.
In this article, I’m analyzing at a high level what is happening to the autoindustry across propulsion types. For the purposes of this article, I assume that level 5 self-driving and driverless taxis don’t come for a while. I’ll break it down by region and also discuss individual companies.
China needs to further optimize NEV consumption to provide support for stable auto consumption and economic growth, according to an article in Economic Daily. The post Chinese state paper article calls for more policies to spur NEV consumption appeared first on CnEVPost. For more articles, please visit CnEVPost.
(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's autoindustry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.
The project is expected to further drive suppliers closer to Li Auto, thereby reducing costs and improving supply chain reliability. The post Li Auto to build industrial park for auto parts in Changzhou appeared first on CnEVPost. For more articles, please visit CnEVPost.
"I am very confident that in the near future, China supply chain and the autoindustry will return to normal," Li said. The post NIO's William Li expects China's autoindustry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.
The 2022 Beijing auto show was scheduled to take place from April 21 to April 30, but was postponed in early April. The post 2022 Beijing auto show officially canceled appeared first on CnEVPost. For more articles, please visit CnEVPost.
With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. However, orders and transaction rates did not increase significantly as consumers were in a wait-and-see mood, and auto consumer demand did not recover as expected, the CADA said.
In the meantime, the Tianjin auto show will be held from November 10 to November 15 as planned. The post Guangzhou auto show postponed amid Covid concerns appeared first on CnEVPost. For more articles, please visit CnEVPost.
The 17th Beijing auto show will be held from April 25 to May 4, 2024, after the biennial event was canceled last time due to Covid concerns. Screenshot of Auto China website.) While the Shanghai auto show has just started, the next Beijing auto show is on its way. For more articles, please visit CnEVPost.
While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)
NIO and Li Auto 's mobile apps have been featuring pretty girls significantly more often lately, while XPeng is running a campaign to encourage users to share such content on its app. Not only the content shared by NIO users, but I believe you can also get a lot of industry information, including the latest news, from our app," Qin said.
platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.
Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.
Paul and I have had and will continue to have in-depth conversations about the industry transition to electric cars and its broader and deeper implications. This article is a result of our most recent conversations.
The post China issues measures to expand auto consumption, hints at extension of NEV purchase tax exemption appeared first on CnEVPost. For more articles, please visit CnEVPost. The first of the measures, developed by 17 government departments, is to support the purchase and use of NEVs.
Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. Credit: Recurrent Auto The shift from Teslas being appreciating assets to more typical depreciating vehicles has been a dramatic one. Credit: Recurrent Auto What do you think of the article?
A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese autoindustry continues. family models as the price war in China's autoindustry intensified. For more articles, please visit CnEVPost. SAIC-Volkswagen's retail sales in February were 74,013 units, down 7.7
The post Guangzhou auto show resumes with new dates of Dec 30 to Jan 8 appeared first on CnEVPost. For more articles, please visit CnEVPost. China has essentially abandoned the ZERO-Covid policy, making it possible for such large events to be held.
At the Shanghai auto show two years ago, XPeng 's P5 sedan attracted a lot of attention as the world's first LiDAR-equipped production car at the time. The ongoing Shanghai auto show began on April 18 and will run through April 27. AT129 Hesai Li Auto Li L9 Hall 6.1 AT128 Hesai Li Auto Li L8 Hall 6.1
A rare price stampede is taking place in the Chinese auto market. The rumors and the dealers' moves come as the Chinese autoindustry is staging a rare price war. As things stand, car companies are already stampeding each other, Cailian quoted autoindustry analyst Zhu Yulong as saying.
Maarten Vinkhuyzen was ahead of the curve (as usual) and wrote the article “The Osborne Effect On The AutoIndustry” in February 2019. This is one of those topics that seems to come up more and more frequently.
Flyme Auto is expected to bring a better experience of connectivity with mobile devices to models under Geely's umbrella, and it could be a major reason for NIO to enter the phone-making space. The post Phone maker Meizu teases Flyme Auto in-car system appeared first on CnEVPost. For more articles, please visit CnEVPost.
The Autonomous Vehicle Computing Consortium ( AVCC ), a global group of automotive and technology industry leaders cooperating on expediting the delivery of automated and assisted driving compute solutions, and SEMI announced an alliance to drive autonomous vehicle innovation. Cross-promoting, authoring, and publishing blogs and articles.
The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the autoindustry. appeared first on CnEVPost.
Tesla's price cut has made the competition in China's NEV industry more intense, with competing models of the Model 3 and Model Y likely to follow, analysts say. The post Tesla price cut: What does it mean for NIO, XPeng, Li Auto? For more articles, please visit CnEVPost. appeared first on CnEVPost.
The all-electric high-performance SUV Polestar 4 will make its global debut on April 18, the first day of the Shanghai auto show, the premium electric vehicle maker owned by Geely and Volvo Cars announced on April 11. Polestar's booth at the Shanghai auto show is located in Hall 6.2, For more articles, please visit CnEVPost.
The post Li Auto supplier Hesai's LiDAR exceeds 10,000 deliveries in Sept appeared first on CnEVPost. For more articles, please visit CnEVPost. Hesai is also building a new $200 million factory with a planned annual capacity of more than 1 million units, which is expected to be operational by 2023.
While the beginning of the month is usually slow for the autoindustry, Li Auto's apparent lagging performance behind its peers may have raised some concerns. The post Li Auto plunges in US as weak numbers in first week of August may have sparked concerns appeared first on CnEVPost.
Major automakers including BYD, Tesla, NIO, and Li Auto were relatively unaffected, as they all have a certain level of order backlog, according to CICC. The post How is China's NEV industry faring as Covid wave sweeps country? For more articles, please visit CnEVPost. CICC explains appeared first on CnEVPost.
CITIC Securities sees both supply and demand improving for NIO, Li Auto, and XPeng, and the Chinese EV industry facing a high boom in the second half of the year. The post CITIC Securities bullish on NIO, Li Auto, XPeng in H2, citing improving supply and demand appeared first on CnEVPost.
On July 28, 2022, Auto Home reported that BYD was building an SUV called Sea Lion , which could compete with Tesla's Model Y. The BYD Sea Lion has a sharp, sporty front end, Auto Home said, citing spy photos they obtained of the model. For more articles, please visit CnEVPost.
Lack of consumer confidence and the Chinese New Year holiday will send China's auto sales down in January, an industry association said. The post Chinese consumers' demand for cars set to fall in Jan, industry body says appeared first on CnEVPost. For more articles, please visit CnEVPost.
(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. For more articles, please visit CnEVPost.
The price war in China's autoindustry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.
In a comment thread on an article yesterday, a reader made an important point. Although there’s a common narrative that a transition to electric vehicles will reduce jobs in the autoindustry, the opposite is actually true! A University of Michigan study published earlier this year found that automotive assembly.
Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tata Technologies to invest USD 1.8
Li Auto 's first all-electric model will go into production at its Beijing plant, with an annual capacity of 100,000 all-electric vehicles in the first phase. Li Auto US | Li Auto HK (A rendering of Li Auto's factory posted on Weibo by Beijing Shunyi district authorities.)
The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. For more articles, please visit CnEVPost. SemiDrive currently has four series of products with an annual output of one million chips.
The upcoming Auto Shanghai 2023 will be the first major auto show in China after the lifting of Covid controls. The post Shanghai auto show to be held on April 18-27 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Covid led to lower-than-expected retail growth in the Chinese auto market, with traditional ICE vehicles performing worse than expected while NEVs performing better than expected. The post China's auto market in 2022: These are what exceeded expectations appeared first on CnEVPost. For more articles, please visit CnEVPost.
Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception. The major sources that provide insurance registration data for China's autoindustry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data.
The Chengdu auto show, scheduled to last 10 days, has been halted after four days due to local Covid control policies. The post Chengdu auto show ends early due to local Covid controls appeared first on CnEVPost. For more articles, please visit CnEVPost.
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