By Jiahui Huang China Vanke has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of the state-backed developer s ongoing efforts to temper.
By Jiahui Huang XPeng reported a narrower net loss in the first quarter on a steep rise in revenue and guided for higher second-quarter vehicle deliveries. The Chinese electric-vehicle.
By Jiahui Huang XPeng guided for a rise in second-quarter vehicle deliveries after its first-quarter net loss narrowed on higher sales and improved margins. The Chinese electric-vehicle.
By Jiahui Huang Li Auto s first-quarter net profit dropped 36% despite higher revenue, though the company maintained a gross margin above 20%. The Chinese electric-vehicle maker said.
By Jiahui Huang and Ben Otto Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating.