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Xpeng Plans to Gradually Replace Direct Stores with Dealers, According to a Report
2023-09-11 Car News
The electric vehicle (EV) industry is witnessing a shift towards downsizing the number of directly operated stores and increasing the reliance on dealer stores. Both Xpeng (NYSE: XPEV) and Zeekr, subsidiaries of Geely Holding Group, are part of this industry trend, according to local media reports. Xpeng is reported to…
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Nio Confirms the Launch of the New EC6 on September 15 and Is Already Accepting Pre-Orders
2023-09-11 Car News
Nio (NYSE: NIO) has officially confirmed the launch of its new EC6 model, a smart electric coupe SUV, with an event scheduled for September 15, starting at 8 pm Beijing time. Interested customers have the option to pre-order the EC6 by making a payment of RMB 5,000. This announcement from…
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Top-Selling Car Brands in China in August 2023 – BYD Takes the Lead, VW Follows, Toyota in Third Place
2023-09-09 Car News
In August 2023, the Chinese automobile market continued its robust performance, registering the sale of 1.920 million new cars, as the China Passenger Car Association (CPCA) reported. This figure represents a 2.5% increase compared to the previous month, highlighting the resilience and growth of the industry. Notably, the market witnessed…
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The US electric vehicle maker Lucid is exploring the possibility of entering the Chinese market, according to an executive
2023-09-09 Car News
Lucid has a team in China exploring the viability of entering the market, though there's no specific timeline yet. Lucid Motors (NASDAQ: LCID) is exploring selling cars in China, where the US electric vehicle (EV) startup previously hired an industry veteran to prepare for the endeavor. "Every car manufacturer has…
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Xpeng Introduces the Interior of the Updated G9, with Show Cars Available at All Stores This Month
2023-09-09 Car News
The new G9 is already available at Xpeng stores in 49 cities and will be available at all stores this month. Xpeng today unveiled the interior of the new G9, following yesterday's surprise reveal of the flagship SUV's exterior. The 2024 Xpeng G9's interior styling remains the same as the…
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Li Auto Plans to Enter the Autonomous Truck Market, Sources Say
2023-09-09 Car News
Li Auto has formed certain goals for the project and will see phased results next year, according to local media. Li Auto is planning a foray into autonomous trucks, an effort that will be led by its vice president of intelligent driving business, Lang Xianpeng, local media Jiemian reported today,…
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