CnEVPost Newsletter: Xiaomi's 1st EV model; Xpeng Q3 earnings

Nov 15, 2023

Regulatory filing shows what Xiaomi's 1st EV model looks like with core specs

Xiaomi's first EV model is bigger than the Tesla Model 3 and Nio ET5, and will be available in single and dual motor versions, with battery suppliers BYD and CATL.

Xiaomi's 1st EV model to begin mass production in Dec and hit market in Feb 2024, report says

Xiaomi's car factory in Beijing has been conducting small-volume trial production for some time now, with dozens of vehicles already produced, according to local media.

Xpeng Q3 revenue slightly below expectations, gross margin still negative

Xpeng guided for fourth-quarter deliveries in the range of 59,500 to 63,500 units, meaning it expects to deliver a total of 39,498 to 43,498 vehicles in November and December.

Xpeng Q3 earnings: Deutsche Bank's 1st look

"Promotional activity appeared more aggressive than anticipated," Deutsche Bank said.

Xpeng Q3 earnings call: Live updates

Xpeng is confident of achieving rapid volume growth and a significant rebound in gross margin in the fourth quarter.

Nio starts recruiting dealer partners for its main brand and sub-brand

Nio has started recruiting dealership partners for the Nio brand and a sub-brand, in what appears to be a move aimed at reducing expenses while expanding sales network.

Zeekr reveals interior of Zeekr 007 electric sedan

The Zeekr 007 will be available for pre-sale on the first day of the Guangzhou auto show on November 17, where Zeekr will have a booth next to Nio.