CnEVPost Newsletter: Xpeng earnings; Nio Firefly spy shots; China EV registrations
Xpeng posts record revenue in Q4, gross margin turns positive
Xpeng guided for first-quarter deliveries between 21,000 and 22,500 units, meaning it expects to deliver 8,205-9,705 units in March.
Xpeng Q4 2023 earnings: Deutsche Bank's 1st look
Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.
Xpeng Q4 earnings call live updates: Deliveries of new brand's 1st model to start in Q3
During next month's Beijing auto show, Xpeng will officially launch its new brand for the RMB 100,000 to RMB 150,000 segment.
Nio Firefly: New spy shots show more details
The Firefly brand, while focused on small cars, will be based on five-star European safety standards and will support battery swap, Nio CEO William Li said last week.
Nio to maintain last year's R&D investment in 2024, says William Li
William Li talked about a lot of issues in an interview, including sub-brands, collaboration with other car companies on battery swap services, priorities for 2024.
Nio starts exploring interaction of highway swap stations with grid
As of the end of February, Nio had 587 battery swap stations and more than 27,000 charging piles participating in grid load regulation in 14 provinces and cities.
BYD, Xpeng join Zeekr, Li Auto in adopting Nvidia's next-gen Thor chip
Nio's models currently come standard with four Nvidia Orin chips, but it will carry its own in-house developed chip in the ET9, which it will start delivering next year.
Xiaomi unveils its EV factory as 1st model 9 days away from launch
Xiaomi held a board meeting at its EV factory, where directors toured the plant and test drove the Xiaomi SU7, its founder said.
Tesla charging stations open to other EVs in China increase to over 800
This includes more than 450 Tesla Supercharger stations and more than 350 destination charging stations.
So far this month, Nio was at 5,500, Xpeng at 4,700, Li Auto at 18,200 and Tesla at 31,000.