Browsing Tag
Xpeng
9 posts
Xpeng Motors Enters Australia, Set to Launch Xpeng G6 Coupe SUV in Q4
Skip to content Pandaily Everything about China's Innovation Recently, XPeng Motors announced a partnership with the Australian company TrueEV, which will become the sole importer, distributor, and retailer of XPeng Motors in Australia, introducing XPeng Motors to the Australian market. It is reported that TrueEV will launch the XPeng G6 coupe SUV model for the
Xpeng Motors Reduces Sales Area by Half to 12 Regions, Transitioning from Direct Sales to Dealership Model
XPeng Motors recently reduced the number of nationwide sales regions from 24, as determined in March, to 12. They are also gradually phasing out underperforming directly operated stores and expanding the scale of dealership stores. At the distributor conference held in early September, XPeng Motors announced the “Jupiter Plan”. A source close to XPeng Motors
XPeng Motors Denies the Acquisition of Maserati
In the past few years, Chinese automobile brands have experienced rapid development, with many brands even expanding overseas and acquiring foreign major brands. Recently, there were rumors that the emerging automaker Xpeng Motors would acquire the luxury car brand Maserati. However, Xpeng Motors has now denied these rumors. Regarding the news of acquiring Maserati, a
XPeng Reportedly Reshuffles Duties of Core Executives
Personnel turmoil has persisted at Chinese electric vehicle manufacturer XPeng since its major organizational adjustment announcement in October of last year. According to media outlet 36Kr, the company has experienced significant changes since Wang Fengying, a former executive at Great Wall Motor, became its president on January 30 of this year. As a result, many
Xpeng increases prices following China’s slashing of EV subsidies
Posted inNews Feed by TechNode Feed Jan 12, 2022Jan 12, 2022 Xpeng Motors has increased prices for all three of its available electric vehicle (EV) models, days after the Chinese government announced further cuts to existing subsidies for EV purchases on Dec. 31. The price bumps bring the cost of the P5 600P, the most…
Xpeng Motors invests in lidar company to bolster self-driving tech
Logo of Chinese car manufacturer Xpeng Motors. Credit: 123RF Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars, announced a new investment from three Chinese automakers on Monday, including Xpeng Motors. The company becomes the latest startup to tap growing investor interest in the self-driving car space. Why it matters: The investment…
BYD is the second-largest EV carmaker. Volkswagen is third. Tesla is the largest. This is not counting BYD released production and sales data for 2021. BYD made almost 323,000 EVs in 2021. Tesla produced 930,000. Tesla made 2.8 times more EVs than BYD. In December, BYD made 46,000 EVs and Tesla made 120,000. Tesla made…
XPeng Inc. Sponsored ADR (XPEV) Stock Sinks As Market Gains: What You Should Know
You're reading Entrepreneur United States, an international franchise of Entrepreneur Media. This story originally appeared on Zacks XPeng Inc. Sponsored ADR (XPEV) closed at $34.55 in the latest trading session, marking a -0.35% move from the prior day. This change lagged the S&P 500's daily gain of 0.16%. - Zacks Heading into today, shares of…
Xpeng Responds to Recent Accident, Says the NGP Functioning Normally
(Source: Xpeng) In response to the recent high-speed rear-end collision of the owner involving one of the company’s P7 models, Xpeng responded that the NGP intelligent navigation assisted driving system appears to be functioning normally and that the owner has since withdrawn his complaint. Earlier, a Xpeng P7 owner rear-ended a large truck in front…