Guangdong Hongtu has joined Toyota's gigacasting supply chain, adding a global automaker to a client list led by Xpeng. Yet the company's first nine months show revenue down 2.26 percent and net profit down 71.10 percent, exposing how cost cuts travel down the auto supply chain.
A wave of Chinese carmakers — Li Auto, Xiaomi, Leapmotor, Xpeng — now advertise self-developed batteries. The fight is not over who makes the cells, but over who controls the pack, the software and the margin.
October delivery figures reshuffle China's new-energy carmakers, with Leapmotor holding the 100,000-a-month lead while Xpeng and Xiaomi pass 50,000. Analysts say overseas sales, not domestic volume, now separate winners from the rest as former leaders slip.
Xpeng has launched the MONA L05, the third model in a sub-brand that now accounts for more than half its monthly sales. With two of its four new cars this year coming from MONA, the company faces a decision about whether to spin it off.
A Xpeng product manager's casual use of a slang term for older people set off a storm online, and a senior executive's blunt response kept it burning. The episode has become a case study in how far youthful car branding can push before it insults the buyers.
A young product manager's use of dismissive slang at the Xpeng MONA L05 presale on October 15 has reignited a debate over whether the automaker is spending too much energy on attention and too little on the cars themselves.
Chinese electric-vehicle maker Xpeng is restructuring its product leadership after founder He Xiaopeng admitted the company long lacked a clear product owner. The shift, led by veteran executive Wang Fengying, marks a move from pure engineering toward user-driven design.
British vehicle inspection data reveals electric vehicles perform better than gasoline cars after 90,000 miles, though with higher tire wear concerns.
New analysis of 47.4 million UK vehicle inspections reveals Chinese electric cars are more reliable than gasoline cars after 90,000 miles, challenging global perceptions of EV durability.
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