CnEVPost Newsletter: XPeng Q1 revenue beats estimates, but offers downbeat guidance

XPeng posts Q1 revenue of RMB 7.45 billion, beating expectations - CnEVPost — cnevpost.com XPeng expects second-quarter revenue of RMB 6.8 billion to RMB 7.5 billion, below market expectations of RMB 8.33 billion.

XPeng earnings call: Zhaoqing plant resumed double-shift production in mid-May - CnEVPost XPeng resumed double-shift production at the Zhaoqing plant in mid-May and will accelerate deliveries to meet customer demand.

NIO to report Q1 earnings before US stock market opens on June 9 - CnEVPost NIO has been announcing quarterly earnings after the US stock market closes, and this will be the first time it changes the time to before the market.

NIO to participate in Auto Shenzhen 2022 starting this weekend - CnEVPost Auto Shenzhen 2022 will officially open at the Shenzhen Convention and Exhibition Center on Saturday, May 28 and run through June 5.

NIO's inclusion in Hang Seng Tech Index expected to bring in $44.3 million in passive inflows, analysts say - CnEVPost Considering NIO's average daily trading volume in Hong Kong for the past month, the inflow of funds from ETFs will last about 10.3 days, according to CICC.

Spy photos suspected to be of BYD's new model Seagull revealed - CnEVPost Previous rumors suggested that the BYD Seagull was expected to be launched in the second quarter with a price tag of RMB 60,000 to RMB 80,000.

BYD Seal top trim uses NIO Capital-backed Ambilight's technology to make its glass roof color changeable - CnEVPost Last November, NIO Capital and BYD completed a strategic investment in Ambilight.

Tesla plans to get Shanghai plant production back to pre-lockdown levels by Tuesday, report says - CnEVPost Tesla will more than double daily production at Giga Shanghai to 2,600 electric vehicles starting Tuesday, according to Reuters.

CATL ups claims by 176% as patent battle with smaller rival CALB escalates - CnEVPost CATL is now seeking more than RMB 510 million in damages from CALB, a 176 percent increase from the previous RMB 185 million.