The cell phone maker known as ‘the Apple of China’ has backed EV companies Nio and Xpeng. Its entry is expected to shake up China’s car market.
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Posted inHeavy Hitters
Xiaomi invests $1.5 billion in fully owned EV business
The world’s fourth-biggest phone maker Xiaomi now pledges to develop high-quality EVs with a ‘best-in-class’ connected device ecosystem.
Posted inUp and Comers
Xpeng NEV partner eyes India market amid sales slump
Xpeng manufacturing partner Haima Auto is ready to follow Chinese biggest carmaker SAIC into the Indian market
Posted inOn the Cusp
Xpeng gets its own factory with carmaker acquisition
Electric vehicle maker Xpeng Motors is working to secure a production license to deliver its first sedan in July with the recent acquisition of a domestic automaker. Why it matters: Owning a factory allows Xpeng to retain control over quality and minimizes risks from outsourcing production such as delivery delays and price increases. Beijing has […]
Posted inOn the Cusp
Nio and Xpeng join forces on charging station network expansion
Growth in China’s charging stations has slowed over the past three years after doubling in 2016.
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 inUp and Comers
Xpeng Motors accused of offloading old models days before new launch
Sales personnel reportedly kept silent when asked about new model releases.
