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22.05.26 - 08:06
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Tesla ramps up hiring for self-driving team in China (Digitimes)
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Tesla has begun recruiting for driver-assistance roles in China as it pushes ahead to bring its full self-driving (FSD) system to market. The move comes after repeated delays and amid growing pressure from local competitors — including Xpeng Motors, Xiaomi Auto, and Huawei Technologies — on the US electric vehicle (EV) maker's market share....
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21.05.26 - 11:06
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Does Xpeng′s 33% cut on its new 6-seat SUV portend a price war in the premium segment? (SCMP)
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The market for six-seat premium SUVs in China is expected to become a more intense battleground, squeezing carmakers by forcing them to cut prices or enhance key features in a fight for market share, according to analysts.
Xpeng priced its new electric SUV the GX at 269,800 yuan (US$39,687) on Wednesday, slashing its price by nearly a third from the pre-order price of 399,800 yuan.
The cut “surprised the market”, Citigroup analysts said in a report on Wednesday, adding that the new model's......
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21.05.26 - 04:45
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XPENG-W Surges 7%+ as Citi Says GX to Capture Mkt Shr from LI AUTO-W L8 (AAStocks)
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XPENG-W (09868.HK) opened 2.42% higher today, hitting an intraday peak of HKD63.2. It last stood at HKD62.15, up 7.25%, with turnover of 13.0104 million shares, involving HKD800 million.Citi released a research report on XPENG-W, of which new GX model is finally priced at RMB269,800, above market expectations. The broker expecte......
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19.05.26 - 12:36
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Xpeng startet Serienproduktion seines Robotaxis (Electrive)
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Der chinesische VW-Partner Xpeng hat die Serienproduktion eines Robotaxis auf Basis des Elektro-SUVs Xpeng GX gestartet. Laut dem Hersteller soll das Fahrzeug das erste Robotaxi sein, dass jemals komplett in China entwickelt und in die Serienproduktion geschickt wurde....
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19.05.26 - 06:15
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Midday Takeaway: HSI Closes Midday at 25,774, Up 98 pts; HSTI Closes Midday at 4,839, Down 5 pts; XPENG-W Down over 4%; BOC HONG KONG, CHINA POWER Hit New Highs (AAStocks)
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At midday close, HSI rose 98 pts or 0.4% to 25,774. HSTI dropped 5 pts or 0.1% to 4,839. HSCEI gained 33 pts or 0.4% to 8,631.Active Heavyweights:TENCENT (00700.HK) closed at $461.4, up 2.7%BABA (09988.HK) closed at $133.7, up 1.5%XIAOMI (01810.HK) closed at $30.68, up 0.1%HSI & HSCEI Constituents on Move:XPENG-W (09868.HK) clos......
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19.05.26 - 04:12
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Chinese firm Xpeng builds driverless cabs, likely to challenge Tesla′s FSD software in AI race (SCMP)
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Chinese electric vehicle (EV) maker Xpeng has begun mass production of autonomous cabs powered by its own chips, likely to mount yet another challenge on Tesla as both companies pursue a leading position in self-driving.
Robotaxi has become the latest area where the two firms could go head-to-head, after smart EV and humanoid robot, as the booming development of physical artificial intelligence (AI) technologies intensifies.
Guangzhou-based Xpeng said its robotaxis would have level 4 (L4)......
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18.05.26 - 10:12
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VW meldet merklich abgebaute Überkapazitäten in Deutschland (Electrive)
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Volkswagen rang der IG Metall Ende 2024 die Vereinbarung ab, die Produktionskapazität in Deutschland um mehr als 700.000 Fahrzeuge zu reduzieren. Dieser Kapazitätenabbau ist nun weitgehend abgeschlossen. Parallel bestätigt Xpeng Gespräche mit Volkswagen über die Nutzung eines Werks in Europa....
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15.05.26 - 07:36
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EU carmakers pave way for Chinese rivals as balance in market shifts (The Guardian)
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Many European motoring manufacturers are in retreat with plants to off–load – while China's industry is on the marchChinese carmaker Xpeng is on the hunt for a factory in Europe. Volkswagen is aiming to reduce the number of its factories. It seems like it should have been the perfect set-up for a deal.Yet there was one problem with the plant on offer, according to Elvis Cheng, Xpeng's managing director of north-eastern Europe: “It's a little bit, I would say, old.” Continue reading......
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