By launching more models, Zeekr EV will not only “boost the growth of the Chinese market, but also “unleash the potential of Europe and other regions”. The company expects to supply cars across much of Western Europe by 2025 Ambitions Just as the global trade dispute threatens Chinese automakers’ambitions to enter…
While JPMorgan is bullish on the Chinese automaker Xpeng, investors should still proceed with caution ! Electric vehicle sales around the world are hitting new records. Tesla and BYD are leading the way, posting record numbers in the second quarter. Rival Xpeng has a less enviable trait: Investors view it as the most divisive Chinese…
Tesla’s global car deliveries hit a record high in the 2nd quarter, price cut strategy worked. “People are still preparing for another round of (Tesla) price cuts, and such a large number of deliveries reduces the risk” “The gap between production and deliveries is narrowing as Tesla expects” Exceeded expectations ！ Tesla delivered a…
While the acquisition of the Ford plant offers an opportunity to approach a mature automotive supply chain, BYD sees advantages in setting up new facilities of EV outside Germany as well. BYD is also looking for alternative locations for factories in France and Spain. U.S. automaker Ford Motor is close to a deal…