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NIO pain, Xpeng gain

June 18 turned out to be a very lucky day for both Chinese smart EV startups NIO and Xpeng Motors. NIO began delivering its much-awaited second production model, the ES6, to first customers in Beijing, Shanghai and Guangzhou (see NIO starts deliveries of the ES6 as investigations on recent ES8 fires continue), while

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Seven-year itch

The global debut of the Denza Concept X on June 1 (see Denza’s new “X” factor: Styled and sold by Mercedes-Benz, produced by BYD) finally addresses the “seven-year itch” of partners BYD and Daimler for their first “child:” poor product positioning, unorthodox design (that didn’t work), weak brand recognition and

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The race is on, to survive

This week’s issue features our interview with Dr. Chen Yudong, president of Bosch (China) Investment Co., Ltd., and the latest updates from Chinese smart EV startup NIO. Coincidentally, one is the biggest foreign supplier in China in terms of revenues, and the other is the country’s leading player in the smart EV startup race in terms

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The darkest hour

When it rains, it pours. Another disastrous month for the auto market has gone by without much signs of any turnaround. Auto sales in April fell for the 10th month in a row since last July, according to data released by China Association of Automobile Manufacturers (CAAM). Less than 2 million vehicles were sold in

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