I saw a headline about this topic earlier today: “Why some Chinese are buying local electric car brands like Nio — instead of Tesla.” I thought it might offer some interesting insights, but it turns out CNBC just talked to a few people and got a few quotes on the … [continued]
The Rise and Rise of the Wuling Mini EV.
While the overall Chinese auto market ended the year on a positive note (+12% YoY), plugins ended with a record month, growing by 50% YoY in in the last month of the year to a record 224,000 units, and this time it was plugin hybrids (PHEVs) that grew faster (+108%) than full electrics (+42%).
Xpeng, a Chinese “smart electric vehicle” startup, has just begun delivery of one of its vehicles, the G3 crossover SUV, in Europe — Norway for now. Is this a small story or the start of a massive flood of Xpeng electric vehicles across Europe and maybe even the United States?
This weekend, we saw on Twitter that the first batch of Xpeng G3 electric crossovers for Europe has arrived in Norway. I reached out to Xpeng to see …
Xpeng’s September deliveries amounted to 3,478 units, which is a new record for the company, and 8,578 was the quarterly total.
Xpeng has loaded 100 of its G3 electric SUVs aboard a ship bound for Norway. How the car is received by Norwegians will help the company chart its international sales strategy.
Xpeng is a young (very young) electric vehicle startup in China that is getting a lot more attention in the US now that it has gone public on the New York Stock Exchange (NYSE). We’ve been covering the company for a couple of years — you can read an in-depth piece on the company here or look through the company’s history (and my evolving impression of the company) here.
As Xpeng approached its initial public offering (IPO) on the New York Stock Exchange (NYSE), which was earlier today, I started digging into the company more.
“Smart” electric vehicle startup Xpeng filed for an IPO on the New York Stock Exchange (NYSE) a couple of weeks ago (the SEC filing is here), and I essentially broke the news while also diving into the company more than I think any other media site did. There’s now an update on the filing — Xpeng is aiming to raise $1.1 billion.
