News of New York

20 December 2021 20.12.2021
4829
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 Dec......
2 December 2021 02.12.2021
3624
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. X......
30 November 2021 30.11.2021
3580
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 Nas......
29 November 2021 29.11.2021
3893
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. ......
12 October 2021 12.10.2021
4010
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 Te......
2 October 2021 02.10.2021
3779
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 shortage......
2 September 2021 02.09.2021
4327
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&nb......
31 August 2021 31.08.2021
3981
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), ......
19 August 2021 19.08.2021
3753
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 Chi......
11 August 2021 11.08.2021
4005
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 sales ......
2 August 2021 02.08.2021
3701
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 ......
30 June 2021 30.06.2021
4807
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 Tu......
27 May 2021 27.05.2021
4833
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 qua......
17 May 2021 17.05.2021
5515
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 had......
4 May 2021 04.05.2021
4857
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 growth......
15 April 2021 15.04.2021
5153
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 city ......
27 March 2021 27.03.2021
4625
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...
22 March 2021 22.03.2021
4494
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 of ......
15 March 2021 15.03.2021
4466
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 Tesl......
5 January 2021 05.01.2021
3352
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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