No longer alone at head of the NEV pack, Li Auto shows early adopters don’t always win
While it remains a leader in China’s crowded field of new energy vehicle makers, the company faces growing competition from rivals that are quickly catching up Key Takeaways: Li Auto’s…
Leapmotor jumps to first-ever quarterly profit
Investors have grown bullish on the NEV maker after it delivered more than 40,000 vehicles last December Key Takeaways: Leapmotor reported its first ever quarterly profit in last year’s fourth…
INDUSTRY BRIEF: Nio and BYD report strong January sales gains, but Li Auto falls
Electric vehicle (EV) makers Nio Inc. (NIO.US; 9866.HK) and BYD Co. Ltd. (1211.HK; 002594.SZ) reported strong double-digit sales gains in January, but Li Auto Inc. (LI.US; 2015.HK) stumbled during the…
BRIEF: Li Auto deliveries reach monthly high in December
Electric vehicle (EV) manufacturer Li Auto Inc. (LI.US; 2015.HK) announced on Wednesday its deliveries rose 16.25% year-on-year in December to 58,513 units, a new monthly high for the company. The…
BRIEF: Nio goes down-market with launch of Firefly brand
Chinese electric car manufacturer Nio Inc. (NIO.US; 9868.HK) on Saturday disclosed its new Firefly brand targeting the lower end of the market will be priced starting at 148,800 yuan ($20,400)…
BRIEF: Dongfeng Motor’s sales fall 11% in 11 months through November
Car maker Dongfeng Motor Group Co. Ltd. (0489.HK) announced on Thursday that it sold 1.7 million vehicles in the first 11 months of the year, down 11.1% year-on-year. Its passenger…
BRIEF: Nio’s quarterly loss widens as deliveries grow
Electric vehicle (EV) maker Nio Inc. (9866.HK, NIO.US) said on Wednesday its deliveries rose 11.6% year-on-year in the third quarter to 61,855 units, a new high for the company. But…