Monday, June 17, 2024
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price war

From BYD to Xpeng, Chinese EV makers delaying payments to vendors

The time Guangzhou-based Xpeng took to honour its obligations to suppliers rose to 221 days last year, from 208 days in 2022, and 179...

Chinese EV makers Li Auto, Nio, Xpeng and BYD report March sales rise

Li Auto, Nio and Xpeng, China’s top three premium electric-vehicle (EV) manufacturers, have reported a strong rebound in deliveries in March, after their promotional...

Xpeng eyes slice of mass-market segment with launch of cheaper models

Chinese premium electric-vehicle (EV) maker Xpeng plans to launch a mass-market brand in a month to challenge market leader BYD amid an escalating price...

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