Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade sanctions

Chinese electric vehicle (EV) start-up Xpeng said its partnership with Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers. “We’re very happy with our collaboration with Nvidia and other silicon partners,” Brian Gu Hong-di, vice-chairman and president of Xpeng Motors, said during a press … Read more

Xiaomi’s maiden EV, selling at a loss, turbocharges price war forcing China’s small players out of business

Goldman Sachs said in a research note on April 1 that it believed the fully electric sedan “is highly competitive and demonstrates Xiaomi’s capabilities of becoming a potential price leader in the market rather than a price follower.” The SU7, fitted with intelligent features such as an autonomous driving system and digital cockpit, hit the … Read more

Smartphone maker Xiaomi makes waves in crowded EV market with its keenly-priced SU7 model

Xiaomi has got off to a racing start in the country’s crowded electric vehicle (EV) market, after saying it sold around 50,000 vehicles within half an hour of the launch of its new model, the SU7. The Chinese smartphone and gadget maker, which has been competing with Apple for years, now has its sights set … Read more

Xiaomi surprises with lower-than-expected pricing on new EVs, in new challenge to Tesla

Chinese smartphone giant Xiaomi on Thursday launched its much-awaited first electric vehicle (EV) – the SU7, short for Speed Ultra – at a venue in Beijing close to its car manufacturing facility, pricing the standard model at 215,900 yuan (US$29,867) to take on Tesla’s Model 3 in the world’s largest EV market. The high-end SU7 … Read more

Nio ET9 Flagship Sedan: Super Fast Charging, Drive-By-Wire

Chinese EV brand Nio recently held its Nio Day 2023 event, where it launched new charging technologies, gave company updates, and held performances to a crowd of more than 10,000 people in an Olympic stadium. The biggest news was the debut of the ET9 sedan, which Nio describes as a “smart executive flagship.” NIO Scraps … Read more