Chinese Tesla Rival Xpeng to Raise Nearly $2 billion with Hong Kong IPO
China-based Xpeng Motors was called one of Tesla’s best rivals for global market share by JP Morgan, and according to a new update, the company has announced major…
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Chinese EV Automakers Trying to Cultivate Brand Loyalty Like Apple
According to the South China Morning Post, NIO and Xpeng Motors are building online communities for users to earn credit towards specific branded products, with the former company…
China’s NIO, Xpeng, Li Auto See Growth Slowed by Chip Shortage
A global semiconductor chip shortage affected NIO, along with a slew of other China-based electric vehicle (EV) manufacturers and others around the world. According to Investors Daily, Chinese…
China’s NIO and Xpeng are Tesla’s Best Rivals for Global Marketshare: JPMorgan
One JPMorgan Asset Management Manager said Monday that China-based electric vehicle (EV) companies NIO and Xpeng Motors are best slated to rival EV giant Tesla in terms of…
Xpeng Motors Launches P5 Sedan with Self-Driving Features
China-based automaker Xpeng Motors launched the P5 sedan on Wednesday, an electric vehicle (EV) sporting self-driving features, according to CNBC. The P5 is Xpeng’s third production model and…
Nio and Xpeng Report Record-Breaking Q1 in China, But Tesla Still on Top
Electric vehicles (EVs) are increasing in popularity around the world, though they’re growing particularly popular and competitive in China, the world’s largest auto market. Chinese automakers NIO and…
Chinese Military Prohibits the Use of Tesla Cars for Personnel, Report Says
Tesla’s performance in China, the world’s largest auto market, depicts a growing trend towards electric vehicles (EVs), though a new decision made by the Chinese government limits access…
China’s Xpeng Motors Receives $76 Million Investment from Government
After an impressive start to the year, Xpeng Motors saw a dip in sales following major price cuts to the rival Tesla’s Model Y SUV. However, the Chinese…
China’s Xpeng Saw EV Sales Soar in Q4, But Then Came Tesla’s Model Y Price Cut
Xpeng Motors and other China-based electric automakers are keeping up with Tesla and seeing impressive sales numbers, as the electric vehicle (EV) market just begins taking off. As…
China’s Tesla Rival Xpeng Offers Cheaper LFP Battery Option for P7 Sedan [Update]
Xpeng Motors, an electric vehicle (EV) company considered one of Tesla’s top Chinese competitors, now plans to offer a fast-charging lithium iron phosphate (LFP) in its P7 sedan…
Tesla Rivals Nio and Xpeng See Sales Surge 352% and 470% in January
China’s auto market is not only the largest in the world, but it’s also becoming the largest electric vehicle (EV) market specifically. With companies like Xpeng Motors and…
Xpeng CEO Waiting to See if Tesla Will Reveal ‘Million-Mile’ Battery
It’s an exciting time in the world of electric vehicles (EVs), and with Tesla’s Battery Day less than a month away, many are wondering if the world is…
Chinese Tesla Rival Xpeng Motors Files to Go Public on NYSE
As the market for electric cars continues to grow, Tesla isn’t the only one shooting for a zero emissions world. Xpeng Motors has announced a filing for an…