May tram delivery report card: NIO and Extreme Krypton hit new highs, and Xiaopeng returned to the era of 10,000 cars! Xiaomi SU7 delivered more than 8,600 vehicles
The ideal is to rank first in “Wei Xiaoli” with delivery data of over 35,000 units. Nacha Auto was left behind, and deliveries in May fell by more than 20% year on year.
Renault is booming overseas with its Chinese partner
Author | Editor Zheng Qiao | Zhou Zhiyu has experienced a series of strategic adjustments and market operations, and Renault has returned to the public eye with a new attitude. Wall Street News learned from Renault Group on May 31 that HORSE Powertrain Limited (HORSE Powertrain Limited, hereinafter referred to as “HORSE”), a joint venture with Geely, has been approved by relevant departments and officially established on the same day. Renault Group and Geely each own 50% of the new company's shares. The formal establishment of HORSE is an important milestone in the global automotive industry cooperation paradigm, creating a “global
Direct impact of changes | NIO rose more than 10% to lead auto stocks, auto market policies continued to gain strength, and the penetration rate of new energy sources is expected to reach a new high in May
The Zhitong Finance App learned that auto stocks were higher in early trading. As of press release, Weilai-SW (09866) rose 10.47% to HK$42.2; Xiaopeng Motor-W (09868) rose 6.13% to HK$33.75; Ideal Automobile-W (02015) rose 4.11% to HK$81.05; and Great Wall Motor (02333) rose 3.2% to HK$14.18. According to the news, on May 29, the “2024-2025 Energy Saving and Carbon Reduction Action Plan” issued by the State Council mentioned the need to speed up the elimination of old motor vehicles and gradually abolish the purchase of new energy vehicles in various regions
What's Going On With XPeng Stock Tuesday?
XPeng Inc. (NYSE:XPEV) shares are trading slightly higher in the morning session on Tuesday.
China Stocks' Rally Sustainability to Hinge on Policy Delivery: Goldman
Kinger Lau, chief China equity strategy at Goldman Sachs, discusses the outlook for the nation's stocks and the opportunities he sees. He speaks on "Bloomberg: The China Show."
XPeng Faces Sales Model Challenges Amid Staffing Adjustments And Leadership Shifts: Report
New staffing adjustments are reportedly underway within XPeng Inc.'s (NYSE:XPEV) sales team, signaling challenges in the company's shift to a more dealer-dependent model.Gu Yuanqin, former XPeng vice