Xpeng Motors

Take a look at this year’s significant technology and business developments with KrASIA.

The manufacturer revealed a plan to launch a second model, the P7 electric sports sedan, in Europe within the next 12 months.

The share of new energy vehicles in China is predicted to rise to 20% of overall new car sales by 2025.

Nasdaq-listed Nio also reported record-high deliveries in the same month.

KPMG expects a rise in M&A activity in the near future.

China’s EV startups have posted strong Q3 results as clean-energy cars gain national support.

Tesla increased Model 3 production capacity at its Shanghai Gigafactory to 250,000 units a year and it is building a new factory for its Model Y.

Faraday Future will use the new funds to support mass production of its FF 91 model.