On Monday, China Passenger Car Association (CPCA) released November sales and delivery figures. While Tesla Inc (NASDAQ: TSLA) China-made EVs tanked as much as 17.8% YoY, its biggest rival BYD Company Limited (OTC: BYDDY) set another record in passenger vehicle deliveries. Another China rival, XPeng Inc (NYSE: XPEV) reported its sales rose as much as 245% in November. In the U.S., Ford Motor (NYSE: F) also posted its November figures on Monday, with its EV sales rising 43.2% YoY. Tesla Reported

The Chinese EV maker reported a quarterly net loss of $542 million. Wall Street was looking for a loss of about $600 million.

XPENG G9 at Car of The Year Denmark 2024 Photo credit: Lars Krogsgaard XPENG G9 secures a top 3 position in The Car of the Year in Denmark Photo credit: Lars Krogsgaard COPENHAGEN, Denmark, Dec. 04, 2023 (GLOBE NEWSWIRE) -- XPENG Motors ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart EV company, last week secured third place in Denmark’s Car of the Year 2024 for their flagship SUV, XPENG G9. Denmark’s annual Car of the Year is a tribute to cars that demonstrate out

Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla holds Cybertruck event; China EV deliveries; Rivian launches leasing.

• New monthly record of 20,041 vehicles delivered in November 2023, a 245% increase year-over-year GUANGZHOU, China, Dec. 01, 2023 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for November 2023. In November 2023, XPENG delivered 20,041 Smart EVs, representing a 245% increase year-over-year and surpassing monthly deliveries of 20,000 for the second s

OSLO, Norway, Nov. 30, 2023 (GLOBE NEWSWIRE) -- XPENG Motors ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart EV company, becomes the first Chinese car brand to win "People's Favorite 2024", also known as 'folkets favoritt', with the XPENG G9 in Norway's renowned “Car of The Year” awards. "People's Favorite" is part of the prestigious award "Car of the Year 2024" which is carried out for the nineteenth year in a row by Dagbladet in collaboration with media publicati

Despite the recent pullback, the electric vehicle industry is growing globally. Several companies are trying to own a piece of this market, and while Tesla (NASDAQ:TSLA) is already a leader, several others are trying to grab the top spot. This has led to those article on the top EV stocks to buy. It is expected that the global electric vehicle demand will grow significantly between 2024 and 2027, and if you are looking to invest in stocks that have long-term growth potential, do not leave EV sto

China is the world's No. 2 economy and home to dozens of companies that trade in the U.S. Right now, Tesla rivals BYD, Li Auto and XPeng, as well as gaming giant NetEase and e-commerce play PDD Holdings are China stocks worth watching or potentially buying.

XPENG at Danish award show Auto Awards 2023 XPENG at Danish award show Auto Awards 2023 XPENG G9 XPENG G9 COPENHAGEN, Denmark, Nov. 22, 2023 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today shared the news that the international version of flagship SUV, XPENG G9 has been named the Technological Frontrunner of the Year at Danish award show Auto Awards 2023. In total, 25 awards were handed o

Li Auto, a electric vehicle maker adored by young Chinese families, is stepping up its endeavors to build in-house automotive chips and has gone abroad to seek talent for the course. The eight-year-old company is currently hiring five positions in Singapore to develop silicon carbide (SiC) power modules, an electrical component that uses SiC semiconductors in switching, according to the firm's LinkedIn recruitment notices which were posted yesterday. The headcount includes the hire of a general