Chinese automaker Li Auto shared on Sunday that its recently launched SUV L6 reached 10 thousand hours 72 hours after the launch event. The deliveries of Li's new entry model has with are scheduled to start later in the month.
On Monday, Baidu announced that Tesla vehicles in China will integrate Baidu Maps V.20 in May which features a 3D lane-level navigation capability directly integrated into vehicles.
Rivian signed on Monday a global partnership with the Australian-based mining electric vehicle company Mevco to supply its R1T model to the mining industry.
In recent weeks, Tesla has been reducing prices in its primary markets, including China and the United States. This initiative aligns with the introduction of lower or even 0% interest financing programs for selected models in certain markets.
According to the latest new energy sales (NEV) sector, issued this Tuesday, Li Auto, known for its fully electric model Li Mega and four hybrids, secured 6,000 units, matching Tesla's performance.
Chinese automaker Li Auto shared on Sunday that its recently launched SUV L6 reached 10 thousand hours 72 hours after the launch event. The deliveries of Li's new entry model has with are scheduled to start later in the month.
Fisker shares are trading 30 percent higher on Monday following the announcement of new dealer partners in the U.S. and Europe. The company now has six dealer partner locations in the U.S. and 12 in Europe.
Rivian started on Wednesday a new round of layoffs according to internal people familiar with the matter told EV.
China's electric vehicle (EV) maker Xpeng announced on Saturday through its Weibo account the initiation of a temporary car purchase subsidy amounting to 500 million yuan ($70.4 million), accessible until May 5, 2024. This subsidy encompasses four models: Xpeng G9, G6, P7i, and the 2024 Xpeng P5.
Nio hosted this Saturday a live event dedicated to Smart Driving and autonomous driving capabilities. The topic is nowadays one of the most discussed in the automotive industry and China, the world's biggest automotive market, is no exception.
Rivian started on Wednesday a new round of layoffs according to internal people familiar with the matter told EV.
Stifel reaffirmed its Buy rating on Canoo shares on Thursday, while setting a $4.5 price target. The updated price target represents an upside potential of 50 percent based on Thursday's closing price of $3 per share.
