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Chinese EV Startup Xpeng Delivers Record Cars for Fourth Straight Month

Xpeng delivered more than 30,000 cars for a fourth straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025.CFOTO/Future Publishing via Getty ImagesXpeng's success is attributed to the strong demand for driver-assist systems and its lower-priced models like the Mona vehicle, which has seen deliveries exceed 15,000 units since December. The company's planned new vehicles also offer a promising opportunity to extend its solid delivery momentum.

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Xiaomi to Sell EVs Globally 'Within the Next Few Years' After Launching $73,000 Premium Car Δ1.84

Xiaomi plans to expand its electric vehicle (EV) business beyond China's borders within the next few years, according to company President William Lu, who made the announcement at a product launch event in Barcelona. The Chinese tech giant's first luxury EV model, the SU7 Ultra, has already garnered significant interest with 15,000 orders in just 24 hours. As Xiaomi looks to challenge Tesla and other players in the global EV market, it must navigate complex regulatory environments and ensure the quality of its vehicles.

Xpeng Shares Jump on Plans to Make Flying Cars, Humanoid Robots Δ1.83

Xpeng Inc. shares rose after the company’s chairman said it plans to start mass production of its flying car model and industrial robots by 2026. The company's ambitions for autonomous vehicles are expected to significantly boost revenue in the coming years. Xpeng's innovative projects have garnered widespread attention from investors and experts alike, sparking interest in the potential impact on the automotive industry.

China's Car Sales Rise 1.3% in First Two Months of 2025 Δ1.81

China's car sales increased by 1.3% in the first two months of 2025 compared to the same period last year, driven by an expanded customer subsidy program that boosted auto demand amidst a competitive smart electric vehicle (EV) price war. February saw a notable rebound with a 26.1% rise in passenger vehicle sales to 1.41 million units, following a significant drop in January due to the Lunar New Year holiday. Despite the growth of EV and plug-in hybrid sales, gasoline cars continue to dominate the market for the third consecutive month.

Xiaomi Gears Up to Enter Its Luxury Car Era with SU7 Ultra Successor Δ1.81

Xiaomi is positioning itself to transition into the luxury car market, fueled by the unexpected success of its SU7 Ultra electric vehicle (EV), which exceeded initial sales forecasts with over 10,000 reservations shortly after launch. The company plans to expand its lineup with more premium models, potentially including hybrid options, while CEO Lei Jun hints at even higher-priced vehicles in the pipeline. This strategic shift reflects Xiaomi's ambition to enhance its brand image and compete with established luxury automotive brands.

This Chinese EV Could Be the Tesla Model Y 'Killer' Δ1.80

Xiaomi's upcoming YU7 electric vehicle has the potential to surpass the Tesla Model Y, following the impressive sales performance of the SU7 model, which outsold the Model 3 in January in China. With features like a larger battery, enhanced driving range, and competitive pricing, the YU7 aims to capture the growing demand for electric vehicles in a rapidly evolving market. As production techniques borrowed from Tesla, such as gigacasting, are employed, Xiaomi appears well-positioned to challenge established players in the EV sector.

Tesla's China-Made EV Sales Fall to Lowest Since August 2022 Δ1.80

Tesla's sales of its China-made electric vehicles dropped significantly in February, with sales plummeting 49.2% from the same period last year. The drop is attributed to intense competition from Chinese rivals who have launched affordable smart EVs, including Tesla models. Despite this, Tesla remains a dominant brand in China, but its popularity is being challenged by newer models and emerging players.

Tesla's Sales in China Plummet Amid Smart EV Price War Δ1.79

Tesla's sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war. Tesla sold 93,926 Chinese-made vehicles worldwide in the first two months, down 28.7% year-on-year. Chinese rival BYD recorded a 90.4% increase in passenger vehicle sales to 614,679 units last month.

Tesla’s China Sales Slump Adds to Worrying Global Slowdown Δ1.78

Tesla's struggling sales in China have deepened concerns about a slowing global economy at a time when CEO Elon Musk is increasingly distracted by politics. The company's shipments plunged 49% in February from a year earlier to 30,688 vehicles, according to preliminary data from China's Passenger Car Association. This decline compounds a slow start in China after Tesla delivered 63,238 vehicles from its Shanghai factory in January.

Tesla Stock Faces DOWN, as Sales Drop in Critical Chinese Market Δ1.78

Tesla's electric vehicle sales are plummeting in the critical Chinese market, with preliminary data showing a 49% year-over-year drop in shipments from its factory in Shanghai for the month of February. This decline comes amid increased competition from EV makers like BYD and legacy car makers from Europe and Japan. The company's retail sales are also cratering across Europe, despite growth in the broader EV market.

Nio Inc. Provides February 2025 Delivery Update Δ1.77

NIO Inc. reported a substantial increase in vehicle deliveries for February 2025, with a total of 13,192 vehicles delivered, marking a 62.2% year-over-year rise. Year-to-date, deliveries reached 27,055 vehicles, reflecting a growth of 48.8% from the previous year, and cumulative deliveries hit 698,619 by the end of February. The company's robust power network facilitated over 1.7 million battery swaps during the Chinese New Year travel period, underscoring NIO's commitment to enhancing the user experience.

Xiaomi Su7 Ultra Beats Tesla Model S Plaid with New Launch at Lower Price Δ1.77

The Xiaomi SU7 Ultra has launched with a significant price reduction from its preorder period, making it cheaper and faster than the Tesla Model S Plaid. The premium EV has already been crowned the fastest four-door car when it beat the Nürburgring lap record of the Porsche Taycan Turbo GT. With a starting price set at $72,930, the SU7 Ultra is nearly forty grand cheaper than the Tesla Model S Plaid in China.

Zeekr Group Announces February 2025 Delivery Update Δ1.76

Zeekr Group reported a total of 31,277 vehicle deliveries across its two brands in February 2025, showcasing a significant increase in demand for its electric vehicles. The Zeekr brand alone saw an impressive 86.9% year-over-year growth, while the recent acquisition of Lynk & Co contributed to a 30.5% rise in its deliveries. This performance underscores Zeekr Group’s commitment to expanding its footprint in the premium new energy vehicle market.

China Tech Soars in 2025 as Ai, Evs and Ar Lead the Way. Δ1.76

China's technology landscape in 2025 showcases remarkable advancements across multiple sectors, with the nation steadily positioning itself as a global technology powerhouse. Tech giants, including Tencent Holdings TCEHY, Alibaba BABA, Baidu BIDU, JD.com JD and PDD Holdings PDD, are making waves to capitalize on this technological renaissance, strategically investing in AI infrastructure and emerging technologies to strengthen China's digital ecosystem. The company's cost-effective AI architecture demonstrates that competitive AI models can be built at a fraction of Western competitors' costs.

The Luxury Automaker's Electric Dilemma Δ1.76

Aston Martin and Maserati are reevaluating their plans for future electrification models due to budget cuts and a cooling of demand in China. The luxury car industry continues to struggle with electrification, citing high prices and range anxiety as major concerns. Both brands have delayed or cut back on their electric vehicle (EV) launches, with Aston Martin's first EV model now expected to arrive in 2027, at the earliest.

BYD Launches Share Sale to Raise Up to $5.2 Billion Δ1.76

Chinese electric vehicle manufacturer BYD has initiated a share sale in Hong Kong with the goal of raising up to $5.2 billion, setting a price range of HK$333 to HK$345 per share. The proceeds from this offering are intended to bolster research and development, expand international operations, and enhance working capital. This move reflects a broader trend of increased share offerings in Hong Kong, as companies seek to capitalize on potential economic recovery in China.

China's Robotics Start-Ups Emerge as New Venture-Capital Darlings Δ1.76

China's robotics sector is experiencing a surge in venture-capital investment, with start-ups in humanoid robot development securing nearly 2 billion yuan (US$276 million) in funding in just the first two months of the year. This growth marks a significant increase from the previous year and positions China to potentially rival its electric-vehicle industry in importance. With a strong presence in the global market, Chinese firms are on track to achieve mass production and commercialization of humanoid robots by 2025.

Tesla's China Shipment Slump Signals Weakening Demand Δ1.76

Tesla's shipment data from China has plummeted, with February sales falling 49% compared to last year, amidst a broader trend of weaker demand for the electric vehicle maker. The country's consumer preferences have shifted towards electrified vehicles, while regulatory and data privacy concerns surrounding Tesla's Autopilot technology continue to affect its sales. This decline in Chinese sales is particularly concerning given that it is one of Tesla's largest sales regions.

Volkswagen Unveils Affordable ID. EVERY1 Electric Vehicle for Mass Market Δ1.76

The Volkswagen ID. EVERY1 is a small hatchback that will become the promised €20,000 affordable EV for the masses. The car will be a crucial competitor in the affordable Chinese EVs market and is part of VW's new "Electric Urban Car Family" based on front-wheel drive versions of its modular electric platform. The production version will feature a newly developed electric motor with 94 horsepower and an estimated range of 155 miles.

Tesla Kicks Off US Deliveries of New and Improved Model Y Δ1.76

Tesla has finally started delivering the new Model Y in the US. The automaker handed over the first units to the elated owners at its factories in Texas and Fremont. Company officials turned up to celebrate, posing for photos in front of the new vehicles, including head of design Franz von Holzhausen. Tesla’s official X handle marked the milestone in its local market with a post saying, “Celebrating first deliveries of the new Model Y at Giga Texas and Fremont Factory.”

The Future of BMW Is Being Built at a Battery Factory in Germany Δ1.75

BMW is committed to advancing its electric vehicle (EV) strategy by investing billions in new battery technology, including its powerful new controller called the "Energy Master." Despite a slowdown in the global EV market, the automaker aims to introduce an electric model in every segment, leveraging its latest innovations to compete with industry leaders like Tesla and the increasing influx of Chinese EVs. The company's ambitious project, termed "the project of the century," focuses on developing in-house battery cells that promise improved efficiency, range, and energy density.

Xiaomi Electric Scooter 5 Max: Xiaomi’s New E-Scooter Launches with 1000 W Motor and 60 Km Range Δ1.75

The Xiaomi Electric Scooter 5 Max features a powerful 1000 W rear-wheel motor that can deliver speeds up to 20 kph (~12.4 mph) and help tackle inclines up to 22%. The scooter's foldable carbon steel body design provides added convenience and durability, with weights of up to 120 kg (~264.5 lbs). Additionally, the Electric Scooter 5 Max boasts a multifunctional display at the front of the handlebars that showcases speed and battery level information.

Gm's Electric Gains Face Critical Test as Trump Targets Ev Subsidies Δ1.75

General Motors has significantly increased its share of U.S. electric vehicle sales, reaching 12% in 2024, thanks to a broad lineup of competitive models and aggressive pricing strategies. However, the future of this momentum is uncertain as former President Trump threatens to eliminate crucial EV subsidies and impose tariffs that could impact GM's production costs. As GM prepares to launch new models and aims for profitability in its EV sector, it faces a pivotal year that will test its commitment to an all-electric future.

China’s Geely Introduces New Smart Driving System. Δ1.75

Geely's introduction of the new G-Pilot smart driving system marks a significant step forward in autonomous vehicle technology, allowing for more efficient and safer transportation. The G-Pilot system will be integrated into cars under various brands, including Geely Auto, Galaxy, Lynk & Co, and Zeekr, with pricing starting at 149,800 yuan for the electric sedan Galaxy E8. This development is expected to enhance the driving experience and reduce the workload of human drivers.

Tesla Reinstated as Top Pick; Analysts Predict 50% Upside Potential Δ1.75

Morgan Stanley has designated Tesla as its top automotive pick, projecting a price target of $430 that suggests a potential upside of over 50% for investors. The firm emphasizes Tesla's transition from traditional vehicle manufacturing to a broader focus on artificial intelligence and robotics, highlighting the substantial market growth opportunities in these sectors. Analysts believe that Tesla's innovations, particularly in humanoid robotics and energy solutions, position the company for significant long-term success despite projected declines in its Chinese market share.

China’s Geely Introduces New Smart Driving System Δ1.75

Geely's new G-Pilot smart driving system is set to revolutionize the automotive industry with its advanced autonomous technology. The system will be available on various models under Geely Auto, Galaxy, Lynk & Co, and Zeekr brands, marking a significant step towards China's growing presence in the global EV market. As G-Pilot continues to evolve, it has the potential to redefine driver experience and safety standards.