News
Xpeng advances Southeast Asia push with Indonesian factory takeover
1+ hour, 38+ min ago (391+ words) Chinese EV maker Xpeng (NYSE: XPEV) has secured a majority stake in a manufacturing entity under Indonesia's Erajaya Group, a move aimed at accelerating its localized production pace in Southeast Asia's largest auto market. PT Sinar Eka Selaras Tbk (Erajaya…...
Huawei-backed Maextro to launch S800 Grand Design in June
6+ hour, 20+ min ago (358+ words) Huawei-backed luxury auto brand Maextro plans to launch the Grand Design variant of the Maextro S800 in June, following the initial success of the sedan. Richard Yu, chairman of Huawei's consumer business group, announced the plan on social media platform Weibo…...
Nio ES8 selected as official vehicle for 2026 APEC trade meeting
5+ hour, 30+ min ago (382+ words) Nio Inc's (NYSE: NIO) premium electric SUV (sport utility vehicle), the ES8, has been selected as the official VIP vehicle for the 2026 APEC Ministers Responsible for Trade Meeting. A vehicle delivery ceremony was held in Suzhou, Jiangsu province on May 15, according…...
Analysts expect Onvo L80 monthly sales trajectory to mirror L90
7+ hour, 56+ min ago (452+ words) Deutsche Bank analysts expect the sales trajectory of the newly launched L80 large five-seat SUV (sport utility vehicle) under Nio Inc's (NYSE: NIO) sub-brand Onvo to mirror that of the L90 three-row SUV. In the short term " after the initial production ramp-up…...
Li Auto shares plunge in Hong Kong after updated L9 SUV launch
9+ hour, 10+ min ago (375+ words) Home " Li Auto Shares of Li Auto (HKEX: 2015) plunged following the launch of its updated Li L9 flagship SUV (sport utility vehicle), as investors appeared unconvinced by the new model aimed at reviving sales momentum. Li Auto shares in Hong Kong…...
Leapmotor Hong Kong shares plunge to 2-month low as Q1 loss widens
8+ hour, 36+ min ago (383+ words) Leapmotor's (HKEX: 9863) shares traded in Hong Kong tumbled on Monday, largely driven by a significant widening of the company's first-quarter net loss. As of press time, the stock plunged 11. 15% in early trading to HK$40. 18 per share, touching its lowest level…...
Xiaomi sets May 21 launch for high-performance YU7 GT SUV
10+ hour, 19+ min ago (406+ words) Xiaomi's (HKEX: 1810) EV unit announced Monday that the highly anticipated high-performance all-electric SUV (sport utility vehicle) model, the YU7 GT, will officially launch on May 21. The launch event, scheduled for 7: 00 pm Beijing time that evening, will also feature the release of…...
Nio Onvo begins L80 deliveries in China
1+ day, 23+ hour ago (399+ words) Nio Inc (NYSE: NIO) sub-brand Onvo officially began deliveries of the L80 in China today, following the formal launch of the large five-seater electric SUV (sport utility vehicle) yesterday. This continues the company's fast-paced product roll-out strategy to capitalize on the…...
Leapmotor confirms second brand plans
2+ day, 22+ hour ago (289+ words) Stellantis NV-backed Chinese electric vehicle (EV) maker Leapmotor (HKEX: 9863) confirmed it is planning to launch a second brand, following strong growth in its main brand. During an earnings call on Friday, Leapmotor vice president Li Tengfei confirmed the plan, saying…...
Leapmotor sees Q1 net loss widen despite sales growth
3+ day, 1+ hour ago (371+ words) Leapmotor (HKEX: 9863) saw revenue growth in the first quarter, mainly driven by strong vehicle deliveries. However, the company's net loss widened due to changes in its product mix. The Stellantis-backed Chinese EV maker reported on Friday that its first-quarter revenue reached…...