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Nio, Xpeng's In-house Developed Smart Driving Chips Closer to Being Put to Use, Report Says
Nio's (NYSE: NIO) and Xpeng's (NYSE: XPEV) in-house developed smart driving chips have finalized their designs, meaning the countdown is on for them to be installed in production vehicles, local media outlet 36kr reported today.
Xpeng Names 'F57' Sedan P7+, Releases 1st Official Images
The Xpeng P7+ will be over 5 meters long and will be the first Xpeng model to use a pure vision smart driving solution similar to Tesla's. For details, please visit CnEVPost.
Xiaopeng MONA M03 is scheduled to be launched in August and uses 18 AAC Tech PSS speakers.
Xpeng's new model MONA M03 has recently had its global debut and is expected to be officially launched in August, becoming a superstar product in the A-class pure electric market. In the highly anticipated cabin sound system, AAC Technologies' subsidiary PSS company has provided a set of 18 high-end customized speakers for Xpeng MONA M03, which offers an audio experience far beyond that of the same level models. On the afternoon of July 10th, He Xiaopeng posted on Weibo that most A-class car audio systems can only make some noise, but young people are generally passionate about music, and music has even become their spiritual reliance. This time, Xpeng MONA...
The Zacks Analyst Blog Highlights Tesla, Li Auto, Nio and XPeng
Guolian Securities: Channel as the key to further increase the market share of independent vehicles.
Looking back at the changes in channels, sales and profits of some brands, the three factors often interact with each other. The initial decline in sales will affect the profits of both the automakers and the channels, and then trigger channel shrinkage and accelerate the decline in sales. Currently, this cycle is further reshaping the competitive landscape of the automotive industry.
Hong Kong: By mid-2027, the total number of public and private charging and parking spaces will be increased to approximately 0.2 million.
On July 10th, Frank Chan Fan, Hong Kong's Secretary for Transport and Logistics, stated in written response to a question from a legislator that the number of models of pure electric private cars available on the market continues to increase, with approximately 70% of newly registered private cars being pure electric vehicles.
China NEV Sales Back Above 1 Million in Jun, CAAM Data Show
China sold 612,000 BEVs and a record 436,000 PHEVs in June. For details, please visit CnEVPost.
NIO, Xpeng, Li Auto to Use In-house Chips in Upcoming Models for Automated Driving
According to reports, NIO Inc's self-developed intelligent driving chip has entered trial production, and the target is for the new ET9 to be equipped with it next year.
According to sources cited by the media, the self-developed smart driving chip of Nio Inc-SW (09866) has started trial production and is currently in the testing phase. The chip team has taken the lead in indicating that the new car ET9 next year needs to be equipped with their own chips. The informant also revealed that the self-developed smart driving chip of Xpeng-W (09868) has also started trial production and is expected to be installed in cars in August, beginning the process of verification, testing, and adjustment. While the development time for Li Auto Inc-W (02015) smart driving chip is relatively late, it is also expected to complete trial production within the year. In addition, the recent release of the new energy vehicle models eligible for reduced vehicle purchase tax by the Ministry of Industry and Information Technology includes autos.
Chinese EV Innovations: NIO And XPeng Advance In-House Smart Driving Chips, Tape-Out Progress And Future Prospects Unveiled
NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) have reportedly completed the design phase of their internally developed smart driving chips, signaling their imminent integration into production
Xpeng Follows Tesla's Lead? Reportedly Ditches LiDAR In New Model F57 For Pure Vision Driving
XPeng Inc. (NYSE:XPEV) reportedly plans to introduce a new model, known internally as F57, in the fourth quarter.This model will eliminate the use of LiDAR technology, reported CnEV Post.The new
Cui Dongshu: In June, the domestic retail penetration rate of electric vehicles reached 48.5%, a year-on-year increase of 13.6 percentage points.
According to the Zhitong Finance APP, Cui Dongshu, the Secretary-General of the China Passenger Car Association, stated that the main reason for the continued negative growth of passenger vehicle retail sales from April to June is the unexpectedly low decline of 25% in gasoline car sales compared to the same period last year, while the growth rate of electric vehicles and gasoline vehicles in June maintained a difference of 55%.
China EV Insurance Registrations for Week Ending Jul 7: Nio 5,300, Tesla 6,500, BYD 58,800, Xiaomi 3,700
This article is being updated, please refresh later for more content.
Market Chatter: Chinese Car Sales Decline for Three Straight Months
Chinese car sales slid 6.7% year over year to about 1.8 million units in June, Yicai Global reported Monday, citing data from the China Passenger Car Association.Car sales declined for the third conse
The situation of the auto market in the first half of the year: never-ending price reductions, unsellable cars.
In June of this year, the discount rate of the Chinese automobile market reached a new high in nearly three years. The strengthening of price reduction promotions has led to the sales volume of major car companies reaching an annual peak.
Market Chatter: China's NEV Registration Jumps 39% in H1
New energy vehicle registrations in China jumped 39.4% in the first half of the year, Xinhua reported July 8, citing data from the police.About 4.4 million NEVs were registered, compared to 3.1 millio
Auto stocks are generally falling. Xpeng (09868) fell by 4.55%. Institutions predict that the automotive market may enter a period of adjustment in July.
Jingu finance news | Auto stocks generally declined, with Xpeng (09868) down 4.55%, NIO Inc (09866) down 3.63%, Evergr Vehicle (00708) down 2.63%, Geely Auto (00175) down 1.57%, and Li Auto Inc (02015) down 0.83%.
US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high
Express News | Benzinga Market Summary: Corning Raises Guidance, Biden Tells Democrats He Is Committed To Staying In Race, Chinese EV Stocks Fall
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