NEV

Key Takeaways： Xiaomi has unveiled its first new energy vehicle, diverging from its success in smartphones by saying its NEVs won’t be aimed at the low end of the market The smartphone maker’s co-founder and CEO Lei Jun said car manufacturing will be his last major business battle in a...

Key Takeaways: Kaixin Auto aims to become a new energy vehicle maker with its acquisition of WM Motor and another NEV maker, even as the industry heads toward consolidation Kaixin’s shares are down 44% since announcement of the WM Motor acquisition, and continued to slide after a recent...

Key Takeaways: Leapmotor delivered 10,509 vehicles in the first quarter, down 51.3% year-on-year, as growth in China’s NEV market slowed sharply The company’s gross margin improved notably during the quarter on rising prices for its vehicles By Doug Young The latest quarterly...

The CEO of electric car manufacturer XPeng Inc - ADR (NYSE: XPEV) He Xiaopeng said China's new energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025.  China is promoting NEVs, including battery-electric, plug-in hybrid and hydrogen fuel...