September 3, 2024 Hong Kong In a decisive move to strengthen market confidence, Chinese electric vehicle (EV) manufacturer Leapmotor announced today that major shareholders, including Chairman and CEO Xu Jangming, alongside key investors Fuen and his spouse, are set to increase their holdings in the company. This announcement follows a similar strategic investment by He … Read more
Introduction XPeng Motors has recently taken the automotive world by storm with a move that could potentially reshape the electric vehicle (EV) landscape. The Chinese automaker has managed to sell over 10,000 units of its new electric car within just 50 minutes of its release—a feat that has generated significant buzz in China but remains … Read more
August 19, 2024 – XPeng, one of China’s leading electric vehicle manufacturers, has shifted its strategy by launching an all-new, budget-friendly lineup of cars under the “Mona” series. This move marks a departure from the brand’s recent efforts to move upmarket with models like the G9 SUV and X9 MPV. The first model in the … Read more