NEV

Li Auto Inc. Announces Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

BEIJING, China, May 10, 2023 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended March 31, 2023.

Key Points: 
  • In April 2023, the China Insurance Automotive Safety Index (“C-IASI”) Management Center published the safety evaluation results for Li L8 based on crash tests.
  • Tie Li, chief financial officer of Li Auto, added, “We are pleased to report a strong first quarter marked by high growth and increased profitability.
  • Vehicle margin was 19.8% in the first quarter of 2023, compared with 22.4% in the first quarter of 2022 and 20.0% in the fourth quarter of 2022.
  • Gross margin was 20.4% in the first quarter of 2023, compared with 22.6% in the first quarter of 2022 and 20.2% in the fourth quarter of 2022.

Empowered by Forest Ecosystem, GWM Starts Sprints in New Energy Track

Retrieved on: 
Thursday, April 27, 2023

The innovative technology, vehicle testing, and design style presented by GWM garnered strong interest from journalists, who engaged in heated discussions with the GWM technical team.

Key Points: 
  • The innovative technology, vehicle testing, and design style presented by GWM garnered strong interest from journalists, who engaged in heated discussions with the GWM technical team.
  • "Here I experienced GWM's unremitting commitment to technology and quality, and the numerous advanced new energy technologies were also impressive.
  • In the future, GWM will continue to make technological innovations and provide continuous driving forces for its new energy and intelligent strategic transformation.
  • Empowered by Forest Ecosystem, GWM will offer consumers an experience combining extraordinary power, lower-carbon, and environmental friendliness.

Empowered by Forest Ecosystem, GWM Starts Sprints in New Energy Track

Retrieved on: 
Thursday, April 27, 2023

The innovative technology, vehicle testing, and design style presented by GWM garnered strong interest from journalists, who engaged in heated discussions with the GWM technical team.

Key Points: 
  • The innovative technology, vehicle testing, and design style presented by GWM garnered strong interest from journalists, who engaged in heated discussions with the GWM technical team.
  • "Here I experienced GWM's unremitting commitment to technology and quality, and the numerous advanced new energy technologies were also impressive.
  • With the complete vehicle business as the core, GWM Forest Ecosystem integrates new energy, intelligence, and other related technology industries to realize an ecosystem with multi-species interaction and continuous evolution.
  • Empowered by Forest Ecosystem, GWM will offer consumers an experience combining extraordinary power, lower-carbon, and environmental friendliness.

Global Battery Housing Market Report 2023: Growing Public Charging Infrastructure Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Friday, April 21, 2023

Growth Drivers: One of the most important factors impacting the global battery housing market is the increasing demand for EVs.

Key Points: 
  • Growth Drivers: One of the most important factors impacting the global battery housing market is the increasing demand for EVs.
  • The expansion of the vehicle sector, as well as stringent environmental rules and standards, are major forces propelling the battery housing market.
  • As a result, the increasing Chinese NEV market is likely to drive the battery housing market in the coming years.
  • Global battery housing market is a rapidly evolving and highly fragmented market.

GWM Accelerates Electrification, with World Premiere of New Energy Vehicles at Auto Shanghai 2023

Retrieved on: 
Tuesday, April 18, 2023

GWM invited 300 medias and distributors from more than 60 countries and regions to appreciate experience of intelligent NEVs and technologies at GWM booth, during the Auto Shanghai 2023.

Key Points: 
  • GWM invited 300 medias and distributors from more than 60 countries and regions to appreciate experience of intelligent NEVs and technologies at GWM booth, during the Auto Shanghai 2023.
  • The Auto Shanghai 2023 is an excellent stage for GWM to show the achievements of intelligent to the world with more than 15 new energy vehicles unveiled.
  • GWM HAVAL unveiled its all-new star product lineup, and the new medium new energy SUV (dubbed "Fierce Dragon MAX in Chinese market) made its world premiere.
  • GWM WEY, focusing on "0 anxiety intelligent electric" category, released the first MPV model WEY Gaoshan PHEV to the world.

GWM Accelerates Electrification, with World Premiere of New Energy Vehicles at Auto Shanghai 2023

Retrieved on: 
Tuesday, April 18, 2023

GWM invited 300 medias and distributors from more than 60 countries and regions to appreciate experience of intelligent NEVs and technologies at GWM booth, during the Auto Shanghai 2023.

Key Points: 
  • GWM invited 300 medias and distributors from more than 60 countries and regions to appreciate experience of intelligent NEVs and technologies at GWM booth, during the Auto Shanghai 2023.
  • The Auto Shanghai 2023 is an excellent stage for GWM to show the achievements of intelligent to the world with more than 15 new energy vehicles unveiled.
  • GWM HAVAL unveiled its all-new star product lineup, and the new medium new energy SUV (dubbed "Fierce Dragon MAX in Chinese market) made its world premiere.
  • GWM WEY, focusing on "0 anxiety intelligent electric" category, released the first MPV model WEY Gaoshan PHEV to the world.

BYD Reveals DiSus Intelligent Body Control System, Exclusively for New Energy Vehicles

Retrieved on: 
Monday, April 10, 2023

BYD, the world’s leading manufacturer of new energy vehicles (NEV), today released the BYD DiSus Intelligent Body Control System (DiSus System) through its technology launch event held in its headquarters at Shenzhen.

Key Points: 
  • BYD, the world’s leading manufacturer of new energy vehicles (NEV), today released the BYD DiSus Intelligent Body Control System (DiSus System) through its technology launch event held in its headquarters at Shenzhen.
  • The full stack self-developed BYD DiSus System is exclusively designed for NEV, representing BYD becomes the first Chinese automobile manufacturer to own the intelligent vehicle body control technology throughout.
  • View the full release here: https://www.businesswire.com/news/home/20230410005261/en/
    The BYD DiSus System is profiled in three branches, including the Intelligent Damping Body Control System (DiSus-C), the Intelligent Air Body Control System (DiSus-A), and the Intelligent Hydraulic Body Control System (DiSus-P).
  • “The BYD DiSus System is the first self-developed intelligent body control system launched by a Chinese automobile company, marking the breakthrough from zero to one.

With increasing R&D investment, GWM discloses Over 6,000 Patents

Retrieved on: 
Thursday, February 16, 2023

GWM has made constant efforts in hybrid, pure electric, and hydrogen technologies to accelerate its pace toward green technology.

Key Points: 
  • GWM has made constant efforts in hybrid, pure electric, and hydrogen technologies to accelerate its pace toward green technology.
  • In the area of hybrid technology, GWM has ushered in its first upgrade of DHT technology.
  • GWM also makes various technological achievements in the pure electronic vehicle field, such as power batteries, electric drives, and electric controls.
  • Now, GWM is speeding up its layout of new energy and intelligent technologies on the base of the forest ecosystem.

With increasing R&D investment, GWM discloses Over 6,000 Patents

Retrieved on: 
Thursday, February 16, 2023

GWM has made constant efforts in hybrid, pure electric, and hydrogen technologies to accelerate its pace toward green technology.

Key Points: 
  • GWM has made constant efforts in hybrid, pure electric, and hydrogen technologies to accelerate its pace toward green technology.
  • In the area of hybrid technology, GWM has ushered in its first upgrade of DHT technology.
  • GWM also makes various technological achievements in the pure electronic vehicle field, such as power batteries, electric drives, and electric controls.
  • Now, GWM is speeding up its layout of new energy and intelligent technologies on the base of the forest ecosystem.

S&P Global Mobility forecasts 83.6M units in 2023 as light vehicle market cautiously recovers

Retrieved on: 
Tuesday, December 20, 2022

SOUTHFIELD, Mich., Dec. 20, 2022 /PRNewswire/ -- Global new light vehicle sales will reach nearly 83.6 million units in 2023, a 5.6% increase year-over-year, according to a new forecast by S&P Global Mobility, a world leader in information, analytics and solutions. The auto industry continues to navigate supply chain challenges while confronted by several markets facing deteriorating economic conditions and fading pent-up demand. As semiconductor availability plays out, demand destruction is expected to take a more fundamental role in 2023, impacting production and the inventory restocking cycle.

Key Points: 
  • Global new light vehicle sales will reach nearly 83.6 million units in 2023, a 5.6% increase year-over-year.
  • Full-year 2022 light vehicle sales ­– projected to reach nearly 79.2 million units by S&P Global Mobility – represent a 1.3% decline from 2021 levels.
  • In Mainland China, S&P Global Mobility forecasts modest production growth for 2023 of 1.1 percent, to 26.4 million units.
  • S&P Global Mobility projects global demand for battery electric passenger vehicles is on track to hit almost 10 million units for 2023, accounting for an estimated 13.3% of global passenger vehicle demand.