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CnEVPost Newsletter: Xpeng's head of autonomous driving to leave

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CnEVPost Newsletter: Xpeng's head of autonomous driving to leave

Aug 2, 2023
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CnEVPost Newsletter: Xpeng's head of autonomous driving to leave

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Xpeng confirms head of autonomous driving to leave

Xpeng has confirmed that the head of the company's autonomous driving business is leaving, after rumors earlier today caused its Hong Kong-traded stock to plummet.


Xpeng shares plunge in HK as rumors swirl that its head of autonomous driving to depart

Xpeng's vice president of autonomous driving, Wu Xinzhou, is rumored to be leaving the company and is set to join US chip giant Nvidia.


Morgan Stanley expects Nio shares 'very likely' to rise over next 15 days

A solid order backlog and improving production ramp bode well for Nio's ongoing operational recovery and rising sales, Morgan Stanley said.


Deutsche Bank on China EV sales: Jul shows strength of new product cycles

Following a price cut and a slew of new models, Nio's sales efficiency has improved materially and should maintain this level of demand for at least the rest of the third quarter, said Edison Yu's team.


BYD launches compact EV Dolphin in Malaysia

BYD entered the Malaysian passenger car market in December last year, with the first model offered there being the Atto 3. The NEV maker currently has eight stores there.


VW's Jetta brand reportedly to buy Leapmotor's EV platform

Volkswagen's Jetta brand is in talks to partner with Leapmotor, with FAW-Volkswagen likely to buy out one of Leapmotor's platform technologies, according to local media.


Great Wall sells record 28,896 NEVs in Jul

Great Wall is playing fast catch-up in China's competitive NEV market, as it has fallen behind main rivals in the segment.


Great Wall explores bringing Baidu's AI model Ernie to its cars

Great Wall is teaming up with Baidu to explore the use of Ernie's AI model technology in its production vehicles.


China Jul NEV retail drops 3% MoM to 647,000, preliminary CPCA data show

The latest data was revised upward from the CPCA's previous estimate of 620,000 units.


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CnEVPost Newsletter: Xpeng's head of autonomous driving to leave

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