Seres, ByteDance partner on new car brand with DeepRoute expected as ADAS provider
First model from Seres's new brand Saidou is expected to launch this year with BEV and EREV options. https://t.co/A0gnV5o4Ha 👇
"This is the power of AI today."
Xpeng President Brian Gu says the EV maker expects to deliver its first flying cars to customers in China by the end of 2026 https://t.co/pYJ99bkcjH
Where’s the beef? If you pump every junior with no clear path to production and no financing based on higher lithium prices, all you prove is that a new hype cycle for #lithium is upon us.
WeRide, Uber to launch Spain's first commercial robotaxi service
Commercial robotaxi service will launch in Madrid later this year, marking WeRide and Uber's first joint entry into the European market. https://t.co/f92eU4CfFt 👇
Golden State Warriors star Stephen Curry has signed a shoe endorsement contract with Chinese company Li-Ning -- a landmark 10-year deal, sources tell ESPN. Li-Ning extends his Curry Brand venture globally and encompasses basketball products, athleisure, the ability for Curry to sign athletes under his brand, and a full golf line.
Vietnamese diagnostic testing startup Gene Solutions is preparing for a Hong Kong IPO as early as the second quarter of next year, a rare local firm seeking to access deeper capital markets and boost international visibility https://t.co/zDQr47sArm
Xiaomi EV delivers over 30,000 cars in May as lineup expands
Xiaomi EV launched a cheaper YU7 standard version and the high-performance YU7 GT in May to stimulate market demand. https://t.co/aYqCAtEJjC 👇
@IBD_ECarson@ChinaDriven@leixing77 It hasn’t but with price cuts off the table, they have to try to entice 🇨🇳 consumers somehow since they’re now playing defense in their most important market.
The proof copy of Lithium Confidential arrived at my daughter’s today. Hope to have mine by Monday. Looks like it will be available on Amazon’s global network by mid-June and other platforms soon after.
Tu Le of @SinoAutoInsight looks at the global EV market, analyzing Li Auto ($LI), Xpeng ($XPEV) and Tesla ($TSLA).
He also talks to Ferrari’s ($RACE) new Luce EV and the potential “growth opportunity” he sees for the company.
Later, @TomWhite_S offers an example options trade for TSLA.
For more: https://t.co/DHGvm7MsrA
Tesla has just 42 vehicles operating as robotaxis in Texas almost a year after Elon Musk launched the service, a small fraction of the fleet commanded by rival Waymo https://t.co/mAIJIkYBru