Posts filtered by tags: Xpeng[x]


The Station: The startups edition

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. For all the U.S. readers here, I hope you are enjoying the holiday weekend. I am mixing up the format this week becau...
Tags: TC, Lyft, Uber, Europe, UK, London, California, China, Ipo, Berlin, Tech, Tesla, UPS, Palo Alto, Automotive, United States

UK to begin shared e-scooter trials next week, way ahead of schedule

The coronavirus pandemic has pushed the UK government to speed up its trial and potential introduction of e-scooter schemes in the country. According to scheme guidance published late yesterday, the UK‘s Department for Transport (DfT) is fast-tracking and expanding the nation’s trials of e-scooter services in an attempt to prompt a safe and “green” restart to local travel as coronavirus lockdown measures are lifted. It also hopes the services will ease public transport demand. [Read: Chinese EV ...
Tags: Startups, UK, Scooters, Shift, Tesla Model, E-scooters, Xpeng

Chinese EV maker Xpeng starts shipping its hotly anticipated Tesla Model 3 rival

Chinese EV maker, Xpeng, will start delivering its cheaper and rangier rival to Tesla‘s Model 3, the P7. According to a company announcement made last Sunday, Xpeng has started delivering the vehicle across China, South China Morning Post reports. If you don’t know the P7, it costs just $32,470 compared to the Model 3’s $38,350 (after subsidies), it also has 38 km more range than the Tesla. Understandably people are excited about getting a comparable vehicle for a decent discount. [Read: Don’t g...
Tags: Startups, Electric Vehicle, Cars, Tesla, Shift, Xpeng, China South China Morning Post

Report: Polestar to build more Chinese showrooms to compete with Tesla

China is, and has been for a while, the world’s leader in electric vehicle (EV) manufacture and consumption. To better compete in this market, Polestar’s parent company Geely is going to build more showrooms. Presently, Polestar has just one showroom in mainland China, Channel News Asia reports. However, according to sources close to the matter, Geely is planning to build 19 more in hopes it’ll help the company compete with the Chinese made Tesla Model 3. [Read: China’s Xpeng ‘copies’ Tesla’s we...
Tags: Startups, Asia, China, Cars, Tesla, Shift, Geely, Xpeng, China Channel News

BMW is reportedly working on a 1,000HP all-electric M5 that’ll rival Tesla’s Plaid Model S

In most parts of the world, carmakers are under pressure to find more environmentally ways of powering their vehicles. This is leading many to kill off iconic combustion engine vehicles. BMW isn’t letting that get in the way of business though. The company is allegedly working on an all-electric M5 that’ll hit the roads in the next five years. According to a report from CAR magazine, BMW’s 2024 M5 will have a spec sheet to rival the Tesla Model S, or any other high-performance sedan for that mat...
Tags: Startups, China, Cars, Tech, Tesla, Bmw, Shift, Xpeng

China’s Xpeng ‘copies’ Tesla’s website after allegedly ‘stealing’ Autopilot source code

Chinese carmakers taking too much inspiration from western brands isn’t exactly a new phenomenon, but one China-based EV maker has zero-chill and is now even copying Tesla‘s web design. [Read: UK automotive production at lowest level since WW2, to cost industry $15B] Spotted by an unnamed individual, who then tipped off Electrek, Xpeng appears to be copying Tesla‘s website design. I say appears, but take a look a the screenshots below and decide for yourself. The similarities are clear. Putting ...
Tags: Startups, UK, China, Cars, Tesla, World, Shift, Xpeng, Electrek Xpeng

Alibaba-backed Xpeng starts sedan production at new plant, eyes showroom expansion

Chinese electric vehicle (EV) maker Xpeng, backed by Alibaba Group Holding Ltd and Xiaomi Corp, said on Tuesday it has starting producing its new P7 sedan at its fully-owned Zhaoqing car plant after receiving a government production licence.
Tags: Money, businessNews, Alibaba, Alibaba Group Holding Ltd, Xiaomi Corp, Xpeng, Zhaoqing

Alibaba-backed Xpeng gets production license for Zhaoqing car plant

Chinese electric vehicle (EV) manufacturer Xpeng, backed by Alibaba Group Holding Ltd and Xiaomi Corp, said on Tuesday it has production license for its fully-owned Zhaoqing car plant.
Tags: Money, businessNews, Alibaba, Alibaba Group Holding Ltd, Xiaomi Corp, Xpeng, Zhaoqing

China’s Tesla wannabe Xpeng starts ride-hailing service

There’re a lot of synergies between electric vehicles and ride-hailing. Drivers are able to save more steering an EV compared to a gas vehicle. Environmentally conscious consumers will choose to hire an electric car. And EVs are designed with better compatibility with autonomous driving, which is expected to hit the public road in the coming decades. Indeed, Tesla is eyeing to launch its first robotaxis in 2020 as part of a broader ride-sharing scheme. Over in China where Tesla has a few disc...
Tags: Transportation, Asia, Hong Kong, Elon Musk, New York, China, Cars, Tech, Tesla, Beijing, Automotive, Alibaba, Transport, Electric Car, Carsharing, Foxconn

China’s electric car startup XPeng valued at 25 billion yuan in latest fundraising: Reuters

China’s Xpeng Motors raised 4 billion yuan ($587 million) in its latest fundraising round, valuing the electric car startup at nearly 25 billion yuan, it said on Thursday. China-based private equity firm Primavera Capital Group led the fundraising with venture capital investor Morningside Venture Capital and Xiaopeng He, Xpeng’s chairman and chief executive officer, the company said. Hillhouse Capital Group, which is currently finalizing a new private equity fund that could become one of the big...
Tags: Hong Kong, China, Trends, Las Vegas, Reuters, Alibaba Group Holding Ltd, VC Deals, Primavera Capital Group, Hillhouse Capital Group, Morningside Venture Capital, Adrian Cheng, XPENG Motors, Xiaopeng He Xpeng, Xpeng, Foxconn Technology Co Ltd Alibaba, Tesla Inc China