LiDAR firm Seyond charts a tricky path with new sensor models
The supplier of automotive sensors has narrowed its annual losses, helped by surging sales of cheaper LiDAR systems, but faces intensifying price pressure Key Takeaways: The company ramped up output…
Razor-thin margins slice holes in Leapmotor’s inaugural profit
The electric vehicle maker impressed investors by reporting its deliveries doubled last year, as it achieved its first-ever annual profit Key Takeaways: Leapmotor recorded an annual net profit of 540…
Auto stalwart Dongfeng charges up NEV business with Voyah listing plan
The veteran car group will privatize its namesake brand and simultaneously spin off its Voyah brand for a new listing to stay competitive in fast-evolving NEV market Key Takeaways: Dongfeng…
Nio’s road to profitability obscured in haze of losses
The NEV maker’s sales fell short of expectation and its losses continued to widen in the first quarter, even as founder Li Bin outlined a route to profitable by year-end…
BRIEF: XPeng sustains momentum in May, as Leapmotor sets new sales record
China’s new energy vehicle (NEV) market continued to grow rapidly in May, as multiple brands posted record-high monthly deliveries. XPeng Motors (XPEV.US; 9868.HK) delivered 33,525 vehicles during the month, up…
BRIEF: Xpeng’s EV deliveries zoom in April, as Xiaomi’s sag
China's new energy vehicle (NEV) market continued to show strong demand in April, with several makers reporting strong sales gains for the month. Xpeng Motors (XPEV.US; 9868.HK) was one of…
Smart driving equality: A battle for control of an emerging industry
As smart driving features trickle down to budget cars, the balance of power is shifting to automakers and away from their technology suppliers By Lee Shih Ta China’s autonomous…
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Auto stalwart Dongfeng charges up NEV business with Voyah listing plan
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