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China Jul EV sales preview: Deutsche Bank expects Nio at 21,000 units, Xpeng 10,000, BYD 300,000

China Jul EV sales preview: Deutsche Bank expects Nio at 21,000...

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Deutsche Bank also expects Tesla to sell 45,000 units at retail in China in July, Li Auto at 48,000 units and Zeekr at 15,000 units.
Xpeng gains 500 orders in two months in the Hong Kong market

Xpeng gains 500 orders in two months in the Hong Kong...

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Xpeng gets 500 orders in Hong Kong in 2 months and has now opened its first showroom. Cars will begin deliveries soon.

The post Xpeng gains 500 orders in two months in the Hong Kong market appeared first on CarNewsChina.com.

Berkshire trims BYD stake to under 5pc

Berkshire trims BYD stake to under 5pc

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Reuters and staff reporter Warren Buffett's Berkshire Hathaway has further cut its stake in BYD (1211) to less than 5 percent. Berkshire sold nearly 1.4 million Hong Kong-listed BYD shares for HK$345 ...
Chinese EV Thrive Despite Tariff Hikes, Foreign Rivals Struggle - BYD (OTC:BYDDF), Li Auto (NASDAQ:LI)

Chinese EV Thrive Despite Tariff Hikes, Foreign Rivals Struggle – BYD...

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Despite increasing tariffs on Chinese EV imports, Chinese automakers continue to profit.

US hikes import tariffs on EVs, batteries and critical materials

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The Biden government is increasing import duties on EVs by more than 100% with an eye on controlling imports from China, with increases on batteries and other products
Xpeng P7+ key details revealed by regulator – it does not have Lidar

Xpeng P7+ key details revealed by regulator – it does not...

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Xpeng P7+ revealed by MIIT. It is larger than the P7i and no longer uses Lidar. Launch should be soon and it only uses LFP batteries.

The post Xpeng P7+ key details revealed by regulator – it does not have Lidar appeared first on CarNewsChina.com.

Xpeng teases the new P7+ sedan, launch scheduled for Q4

Xpeng teases the new P7+ sedan, launch scheduled for Q4

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Xpeng released the first official images of their latest model P7+. It will enter the market in Q4 this year to enhance brand's sales.

The post Xpeng teases the new P7+ sedan, launch scheduled for Q4 appeared first on CarNewsChina.com.

JPMorgan Hikes BYD’s Price Target by More Than 80% on Outlook

JPMorgan Hikes BYD’s Price Target by More Than 80% on Outlook

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(Bloomberg) -- JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerAsia’s Richest Banker Ge
How Erdogan and BYD plotted revenge against EU EV plans | Invezz

How Erdogan and BYD plotted revenge against EU EV plans |...

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BYD will set up $1bn EV plant in Turkey as per Turkish government officials. The official announcement will be made by the Turkish President.
BYD to reach deal with Turkey for $1 billion EV plant, report says

BYD to reach deal with Turkey for $1 billion EV plant,...

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The new plant could give BYD easier access to the European Union, with which Turkey has a customs union agreement, said a Bloomberg report.