Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.
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Posted inHeavy Hitters
Chinese EV makers may face a price war in 2022: UBS
There might be greater supply than demand in the Chinese EV market this year, UBS analyst Paul Gong said.
Posted inHeavy Hitters
Tesla issues largest ever recall in China
The recall raises questions about the carmaker’s future in the Chinese market. The company’s prestigious image has soured quickly in China.
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 inTurf Wars
Li Auto may have controlled its costs in 2020 too well
Li Auto booked its first quarterly net profit in Q4 but investors are worried about underinvestment in products and self-driving technology.
Posted inHeavy Hitters
Tesla ramps up China hiring in bid for ‘full vehicle autonomy’ by year-end
Tesla has been ramping up its hiring in China lately as part of a broader strategy to localize software and user data in the world’s biggest auto market
Posted inWith Chinese Characteristics
Guangzhou sets sights on becoming ‘China’s Detroit’ after failing to lure Tesla
The city ranked second among Chinese cities in car production with nearly 2.97 million units in 2018.
Posted inWith Chinese Characteristics
Faraday Future: How a “Tesla-killer” became a zombie company
Faraday Future is a powerful tale of ugly corporate wrangling and unbridled ambition gone awry.
