With help from Alibaba’s map technology, Xpeng says it now has the most advanced driver-assist function for Chinese customers.
The Q1 performance of Nio was a big relief for investors and eased concerns over fallout from the recent Luckin scandal.
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.
More challenges loom ahead in the pursuit of profit for Nio, as the company fights for market share amid intensifying competition.
There are now three Chinese premium EV makers listed in US stock markets: Nio, Li Auto, and Xpeng. Let’s get to know them.