XPeng’s (XPEV) G9 wins two titles at Denmark’s EV of the year 2024 awards

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Zeekr introduces fast-charging LFP battery

December 14, 2023 12:00 PM EST

Premium Chinese electric vehicle maker, Zeekr on Thursday unveiled their new fast charging lithium iron phosphate batteries.

Zeekr joins the ranks of manufacturers introducing a new battery into a highly competitive market. This move aims to reduce reliance on external suppliers for crucial components in EVs.

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Alibaba (BABA) lowers stake in XPeng (XPEV)

December 12, 2023 4:07 PM EST

(Updated - December 12, 2023 4:09 PM EST)

Alibaba (NYSE: BABA) reported a 12.5% stake in XPeng (NYSE: XPEV) as of December 6th, 2023. The ecommerce giant previously had a 19% stake in the EV maker, as of August 2020 filing.

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China says revised NEV tax incentives ensure 90% eligibility for EVs

December 11, 2023 10:52 AM EST

China's industry ministry announced Monday that over 90% of the countrys existing new energy vehicle (NEV) models will maintain eligibility for tax incentives on purchases, thanks to updated technical criteria.

According to a statement from the Ministry of Industry and Information Technology, the technical criteria for new energy... More