Xpeng continues internationalisation blitz
The Chinese firm has been expanding its global reach exponentially this year
China's BYD overtook Tesla in Q4'23 as the quarter's largest BEV manufacturer globally. A slew of traditional and EV pure play Chinese automakers have upended the domestic New Energy Vehicle market and are increasingly going global in their ambitions.
The Chinese firm has been expanding its global reach exponentially this year
Hoping to reach scale rapidly by year-end, the cooperation will test the appetite for Chinese EVs in Europe
All three Chinese automakers can boast of strong year-to-date sales growth
Collaboration set to play well in emerging markets
New report says likely EU plans insufficient to ensure European OEMs can stay in the EV race
OEM looks to make up for domestic margin pressure with export price hikes
Trio of OEMs are aiming for highly-software enabled EVs through JVs with domestic automakers
VW leads OEMs hoping to wow with launches in Beijing this week
Chinese automaker is stepping up export ambitions
The long-time European all-electric national leader has lost its crown for now
Nio sees EV sales decline year-on-year, while Xpeng and Li Auto NEV sales growth also come under pressure
Ex-Tesla Chinese brands could reach 11pc of EU EVs this year
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