News of New York

Nio unveils new electric ET5 sedan
20 December 2021
4684
New electric car Chinese electric vehicle manufacturer Nio (NIO) unveiled its new ET5 sedan, AR glasses and expansion plan for Germany, the Netherlands, Sweden and Denmark in 2022 during 'Nio Day' on 18 D...
Shares in XPeng, Li Auto and NIO rise on record electric car deliveries in November
2 December 2021
3485
Electric cars from Nio, Li Auto and XPeng Shares in Li Auto XPeng and Nio, China's electric car makers, rose at the pre-market on Wednesday after posting record deliveries in November. ...
Li Auto shares rise on the back of another record delivery and earnings
30 November 2021
3427
Stock rises Shares in Li Auto (LI), up 44.8% in the past six months, rose 6.4% on Monday after the company reported deliveries of its electric cars and sales revenues for the third quarter of 2021 ended September 30. Li Auto shares debuted on the N...
Xiaomi to build electric car plant in Beijing
29 November 2021
3715
Electric cars from Xiaomi Xiaomi has established an electric vehicle manufacturing subsidiary and may soon begin building a plant in Beijing. This suggests that a major new competitor will emerge in the global electric car market in the coming years...
XPeng has produced 100,000 cars in half the time of Tesla
12 October 2021
3853
Faster than Tesla Xpeng Motors (XPEV), a Chinese electric car startup, has reached the milestone of 100,000 cars produced in six years twice as fast as market leader Tesla. Xpeng models are cheaper than their ...
XPeng electric vehicle deliveries for September and the third quarter of 2021 rise to a new high
2 October 2021
3602
XPeng and electric car deliveries Shares in XPeng (XPEV), the Chinese electric car maker, rose on a report of a new record monthly delivery. Data for September suggest that the company is successfully coping with chip shorta...
Li Auto, Xpeng and NIO: August delivery report
2 September 2021
4180
Competitors in the production of electric cars The Wednesday delivery report from Chinese electric car makers Nio (NIO), Li Auto (LI) and Xpeng (XPEV) showed the ongoing problem of chip shortages in the automotive&...
Li Auto reaches record sales
31 August 2021
3815
Li Auto has record sales Shares in Li Auto, the Chinese electric car maker, fell 1 per cent on Monday amid reports of record sales but posting a loss, while analysts had expected a break-even. Li Auto says it plans to expand in Europe. Li Auto (LI)...
Chinese electric car maker Xpeng to double the capacity of its plant
19 August 2021
3618
Xpeng plants Shares in Xpeng (XPEV) rose following news of the company's plans to double its production capacity from 100,000 to 200,000 electric cars a year to increase competition with Li Auto, Nio and Tesla in C...
Tesla sales cratered in China, but investors don't seem to mind
11 August 2021
3822
Tesla sales in China Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
Li Auto again outperformed Xpeng in July deliveries
2 August 2021
3590
Deliveries for July Shares in Li Auto and Xpeng rose 8.9% and 6.4%, respectively, ahead of the companies' delivery reports. Chinese start-up Li Auto reported another record delivery of its Li ONE&nbs...
Tesla shares receive negative outlook from Swiss bank UBS
30 June 2021
4584
Forecasts from UBS Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660. Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Li Auto reported electric vehicle deliveries and first quarter 2021 revenues
27 May 2021
4724
Li Auto's earnings Li Auto reported first-quarter 2021 revenues above Wall Street expectations. Li Auto's electric vehicle sales were up 334% year-on-year but down 15% quarter-on-quarter. Li Auto gave a strong outlook for the second q...
Swiss central bank bought shares Zoom, Li Auto, XPeng and Tilray
17 May 2021
5338
Buying shares Shares in XPeng and Li Auto, as well as cannabis producer Tilray and videoconferencing app Zoom, were bought by the Swiss National Bank in the first quarter of 2021. Switzerland's central bank h...
Xpeng, NIO and Li Auto sales up in April
4 May 2021
4748
Chinese electric car sales in April Chinese electric car makers Nio, Xpeng and Li Auto reported strong sales in April, but the growth rate was significantly lower than in March. Nio management points to a chip shortage that will hold back sales grow...
Xpeng Motors unveiled P5 sedan with new autopilot
15 April 2021
4973
New autopilot Xpeng Motors is stepping up competition in China's electric car market with its new P5 sedan, which gets an improved autopilot and LIDAR sensor system for autonomous driving on cit...
Nio suspends factory for five days due to semiconductor shortages
27 March 2021
4238
Plant shutdown China's Nio said on Friday it would suspend production of electric cars at its plant for five days starting Monday due to a shortage of semiconductors. Nio's forecast for del...
Nio, Xpeng and Li Auto prepare to raise finance with an IPO in Hong Kong
22 March 2021
3804
Shares of electric car makers surge Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters. Shares o...
Norges Bank bought shares in major electric car companies
15 March 2021
4270
Buying shares The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter. The world's largest company by market capitalisation Apple (AAPL) and electric car makers Te...
Nio, Li Auto and Xpeng reported growth in deliveries
5 January 2021
3224
Tesla's competitors Chinese rivals Tesla: Nio, Li Auto and Xpeng have reported a surge in electric car deliveries amid an economic recovery from the pandemic. Wall Street analysts forecast more sales ...
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