NIO is a leader in China’s new energy vehicle field, winning the favor of many consumers with its high-end, intelligent, and personalized services. However, NIO is also facing huge difficulties such as continuous losses and tight funds. After being abandoned by the Shanghai municipality, NIO struck a VAM deal in 2020 with the Hefei municipal…
On March 17, Xpeng Motors released its fourth quarter and full year 2022 financial report, with revenue of 5.14 billion yuan in the fourth quarter, down 39.9% year-on-year; The net loss was 2.36 billion yuan, an increase of 83% year-on-year. Annual revenue was 26.86 billion yuan, a year-on-year increase of 28%; The net loss was…
Under the guidance of the “dual carbon” strategy, the automotive industry, as an important growth point of China’s economy, not only shoulders the important task of promoting internal circulation and stimulating consumption, but also needs to lead low-carbon travel and low-carbon transportation, help China move from a manufacturing country to a manufacturing power, and promote…
Why can’t electric cars charge themselves? Below will give you the top 9 reasons, the available technologies for an electric car to charge itself, and how would a self-charging electric car work. Why can’t electric cars charge themselves? Inadequate solar energy conversion goes without an engine, lack of alternators, faulty wiring or bad connections, lack…
You might have wondered whether there is a hybrid option if you are looking for a new Mercedes-Benz. Are there Mercedes-Benz hybrid models? Are Mercedes-Benz hybrids worth it? Mercedes-Benz has hybrid models. Fortunately, Mercedes-Benz merged its strict performance requirements with the most recent hybrid technology to create a Mercedes-Benz hybrid SUV that West Chester drivers…
Tianyancha App shows that recently, Yangzhou Qianyuan Xinjing Automobile Sales Co., Ltd. was established, the legal representative is Zhu Jian, the registered capital is 1 million yuan, and the business scope includes food sales, new energy vehicle sales, charging pile sales, second-hand car brokerage, etc.
Lyon issued a report saying that it believes that the impact of revenue on Xpeng Motors-W (09868) has become more critical and a more accurate valuation indicator, so it changed the valuation method to a price-to-sales ratio and lowered the target price to 45 yuan, maintaining a “buy” rating. Xpeng Motors-W (09868) Last year’s revenue…
NIO has no plans to acquire other car companies NIO CFO Feng Wei said that NIO is very confident that it can meet this year’s delivery target, which is to double to 250,000 units from 2022. Auto News On March 22, according to surging news reports, NIO CFO Feng Wei said that NIO is very…
Purchasing an EV is an eco-friendly solution that helps reduce air pollution, slow down natural resource depletion, and save you cash. Although charging one of these vehicles can quickly become a hassle, many owners opt to install an EV charger at home. How much does it cost to install an EV charger? The price generally…
A gigafactory is a sizable factory that produces lithium-ion batteries for energy storage, other battery-powered devices, and electric vehicles (EVs) on a massive scale.Elon Musk, the creator of Tesla, coined the phrase to describe his factories, of which there are currently 4 under construction and a 5th is in the works. However, in everyday speech,…
On March 17, XPeng Motors disclosed its unaudited financial data for the fourth quarter and full year ended December 31, 2022. From the full-year data, Xpeng Motors’ total revenue in 2022 was 26.86 billion yuan, a year-on-year increase of 28.0%, while the net loss reached 9.14 billion yuan, a record high. Why are XPeng’s losses…
Shandong Weida said on the investor interactive platform on March 20 that Kunshan Swopp Intelligent Equipment Co., Ltd., the company’s holding company, as a provider of automatic power exchange equipment, mainly provides power exchange equipment and related services for the new energy automobile industry, and mainly provides second-generation power exchange station equipment for NIO in…
