Monday, August 11, 2025

Creating liberating content

Jefferies has put a buy recommendation on Titan with the

A smartphone with a displayed AMD logo is placed on

BENGALURU: A clutch of India-origin AI startups secured significant early-stage

NEW DELHI: Stellantis, one of the world’s top carmakers, will

Related News

Jefferies has put a buy recommendation on Titan with the target price at Rs 3,800. Analysts said during the April-June quarter (Q1) the company demonstrated strong growth across brands under

A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence Lo | Reuters Nvidia and Advanced Micro Devices have

BENGALURU: A clutch of India-origin AI startups secured significant early-stage funding, attracting marquee global investors. With a global-first approach, these homegrown startups demonstrated early monetisation potential and commanded premium valuations,

NEW DELHI: Stellantis, one of the world’s top carmakers, will launch new petrol and electric cars in India, but does not plan to make investments under govt’s revised EV incentive

Bharat Forge, heavily reliant on the US auto sector, faces potential headwinds from new import duties. Vice-Chairman Amit Kalyani acknowledges possible near-term demand issues but remains optimistic about resolving the

NEW DELHI: India must adopt a comprehensive and forward-looking competitiveness agenda, and undertake factor market reforms such as land reforms, to help realise the goal of emerging as a global

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Chinese EV startup Xpeng delivers over 30,000 cars for a fourth month

Word Count: 466 | Estimated Reading Time: 3 minutes


The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025.

CFOTO/Future Publishing via Getty Images

Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market.

Xpeng delivered 30,453 cars last month, including more than 15,000 units of its lower-priced Mona vehicle, the company said over the weekend.

Deliveries of the Mona M03, which include a basic driver-assist system, have topped 15,000 a month since December, according to company figures. Xpeng also said strong demand for driver-assist propelled deliveries of its P7+ electric sedan to more than 30,000 less than three months since its launch in November.

Looking ahead, Xpeng’s planned new vehicles also give the company “a good chance to extend its solid delivery momentum,” Nomura analysts said in a Sunday note.

The January to February period tends to be seasonally soft for Chinese car sales since it coincides with the week-long Lunar New Year, the country’s biggest holiday of the year. The local auto market remains highly competitive as traditional automakers and new entrants have rushed to cut prices and launch vehicles with new tech features.

China's EV overcapacity is a bigger issue for Japanese automakers than Korean ones

Chinese smartphone company Xiaomi delivered more than 20,000 electric cars for a fifth straight month in February. The company last week slashed the starting price of its luxury electric sedan, the SU7 Ultra, to 529,900 yuan ($72,750), down from 814,900 yuan ($111,878).

The SU7’s “new order situation is even better than actual sales,“ Nomura analysts said, citing its own industry survey. That means the only challenge for Xiaomi is its ability to produce enough cars, the analysts said.

Figures on Tesla‘s China deliveries are typically released around the middle of the month.

Industry giant BYD reported 318,233 new energy vehicle passenger car sales in February, up slightly from the prior month. The company last month announced it was rolling out driver-assist across a range of its cars and integrating artificial intelligence from DeepSeek.

Geely-owned Zeekr delivered 14,039 units in February, up from the 11,942 delivered the previous month, according to company figures.

EV brands that struggled in February

However, deliveries of several other major Chinese electric car brands declined over that time.

Li Auto deliveries fell to 26,263 units last month, from 29,927 in January, according to the company. Its premium-priced vehicles have been popular with Chinese consumers since they come with a fuel tank for extending the battery’s driving range. Last month, Li Auto revealed the exterior design of its first fully battery-electric SUV.

Nio deliveries dropped to 13,192 units in February, down from 13,863 the month before. The company announced a five-year, 0% interest plan on Feb. 1 in a bid to boost sales.

Aito, the Seres-owned brand that uses Huawei technology, reported its lowest deliveries in a year, at 21,517 units in February, according to CNBC analysis of publicly available figures.



Source link

Most Popular Articles