$XPeng (XPEV.US)$ A new report states that Austria-based contract manufacturer Magna Steyr is on the cusp of securing two new customers in Xpeng Motors and GAC Motor Co. As a result of the reported deal, those Chinese automakers would have an avenue around additional tariffs on imports imposed by the EU, while Magna Steyr gains some much-needed EV manufacturing on its Austrian assembly lines. Magna Steyr is an...
SoundOfMusic
:
The current spare production capacity of Magna is 130,000 cars per year. Xpeng could produce 65K cars, taking half of the available capacity. How fast can it come online? 2H of 2025?
$Tesla (TSLA.US)$ Tesla's Australian electric vehicle sales remain in free fall after Nov became the 8th-straight month of year-on-year sales decline for Elon Musk's autogiant amid a growing wave of competition from Chinese rivals. Tesla sold 2540 vehicles in Australia in Nov, according to data released by the Electric Vehicle Council, resulting in a sales decline of 35.5% compared to the same time last year. Tesla hasn't recorded year-on-...
bullrider_21
OP
:
Tesla's Europe sales fell in 2024. Tesla's US sales fell in 2024. Tesla's Australia sales fell in 2024. Only Tesla's China sales are up.
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bullrider_21
OP
:
And ? NIOs European sales are microscopic, US sales non-existant, Australias sales non-existant, China sales mediocre, compared to newcomers like XIAOMI or ZEEKR. TSLA still makes money; NIO never did.
$Tesla (TSLA.US)$ Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before). In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
A new report states that Austria-based contract manufacturer Magna Steyr is on the cusp of securing two new customers in Xpeng Motors and GAC Motor Co. As a result of the reported deal, those Chinese automakers would have an avenue around additional tariffs on imports imposed by the EU, while Magna Steyr gains some much-needed EV manufacturing on its Austrian assembly lines.
Magna Steyr is an...
Tesla's Australian electric vehicle sales remain in free fall after Nov became the 8th-straight month of year-on-year sales decline for Elon Musk's autogiant amid a growing wave of competition from Chinese rivals.
Tesla sold 2540 vehicles in Australia in Nov, according to data released by the Electric Vehicle Council, resulting in a sales decline of 35.5% compared to the same time last year.
Tesla hasn't recorded year-on-...
$LOPAL TECH (02465.HK)$ $Jiangsu Lopal Tech. (603906.SH)$ $SH->HK Connect (GangGuTong.HK)$ $SZ->HK Connect (LIST1922.HK)$
Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before).
In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
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