XPeng awards 3,214,600 shares to 141 employees
Recently, XPeng announced that the company granted a total of 3.215 million shares to 141 employees in accordance with the 2019 equity incentive plan. The closing price of Class A ordinary shares on the grant date was HK$36.40 per share. Based on this calculation, XPeng distributed about 99.665 million RMB to 141 employees, averaging at about 706,800 RMB ($97000) per person.
NIO veteran Zhou Xin takes over whole vehicle engineering
Recently, two prototypes of the facelifted Tesla Model 3 were spied testing in California. It is believed the Model 3’s update will be more comprehensive than most and it could start beneath the bodywork. According to experts, the focus of the new facelift is to simplify the production process and reduce costs. One spy shot of the car indicates that there is a camera incorporated into the corner of the headlights. The model 3 is said to be equipped with the same Yoke steering wheel as the new Model S, and may also use a 4680 battery.
Tesla's facelifted Model 3 will arrive this year, updated information
Recently, the latest shots of Neta’s two-door four-seater pure electric sports car were released. The new car named ‘Neta E’ will be available for pre-sale in March. The Neta E is the second product based on the brand’s Shanhai platform. The Neta E has a classic coupe shape, with large headlights and ‘air vents’ in the hood, double heat dissipation air guides and black "inverted triangle" heat dissipation air grooves. According to some experts the EV coupe styling resembles BYD’s seal.
Voyah FREE DNA rolls off production line
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Recently, the first batch of Voyah FREE DNA officially rolled off the production, and simultaneously started delivery. The new car is available in extended-range and pure electric versions. The extended-range version is priced at 379,900 RMB ($52000), and the pure electric version is priced at 419,900 RMB ($58000). The the car is limited to a total of 3,000 units. In terms of power, the pure electric version is equipped with front/rear dual motors with a total power of 510 kW and a total torque of 1040 Nm. The NEDC pure electric driving range is measured at 475 kilometers.
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China’s accumulative tax exemption for NEVs increases by 90%+
In 2022, a total of 87.9 billion RMB of new energy vehicle purchase tax was exempted nationwide, a year-on-year increase of 92.6%. The data showed that the new energy vehicle purchase tax exemption policy has stabilized and boosted market confidence in the industry. Tax preferential policies are crucial in transforming and promoting the continued high-quality development of the automotive industry.