Xpeng, Li Auto, and Nio are downsizing as rising costs of raw materials and supply chain disruptions cut into profit margins.
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Posted inHeavy Hitters
Drive I/O | Chips, batteries, AV: Xiaomi’s most high-profile auto investments of the year
Xiaomi is pouring billions of RMB into the auto sector and placing some big bets on multiple startups to build a complete auto supply chain.
Posted inHeavy Hitters
Drive I/O | A flying start for China EV sales, CATL retains global dominance
Chinese EV sales reported robust figures in January. Tesla ended 2021 with a solid profit performance. CATL retained its competitive lead.
Posted inHeavy Hitters
Drive I/O | Auto China 2021: A banner year for Nio, Xpeng, and Li Auto
We round up the most significant milestones in the three auto companies’ turbulent history this year and what’s next for them in 2022.
Posted inHeavy Hitters
Drive I/O | Shanghai automakers hit by lockdowns, China’s new push for driverless cars
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in Shanghai that began in late March.
Posted inHeavy Hitters
Drive I/O | Chinese EV makers face price hikes as nickel prices soar, Didi to enter EV market
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
Posted inHeavy Hitters
Drive I/O | Huawei pushes further in EV, rules eased for foreign owners
Huawei burrowed further into the auto industry with the launch of the first vehicle with its homegrown operating system.
Posted inHeavy Hitters
DRIVE I/O | Lidar is hard—but it’s coming soon
While Chinese companies won’t be the first to deliver road-ready lidar systems, they could be the first to do it at a practical price.
Posted inHeavy Hitters
Drive I/O | Key takeaways from Auto Shanghai 2021
Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.
