Zeekr’s August sales double to record as China’s NEV penetration tops 65%
Retail sales of passenger new energy passenger vehicles (NEVs) in China totaled about 1.04 million units in August, lifting their market penetration rate to 65.8%, according to a preliminary estimate…
BRIEF: Magna Steyr to manufacture Xpeng EVs in Europe
Electric vehicle (EV) maker XPeng Inc. (XPEV.US; 9868.HK) announced on Monday that it will localize production in Europe through a contract manufacturing arrangement using an Austrian plant operated by Magna…
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…
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