Tag: loss

Nio reports 30% year-on-year increase in Q1 net loss as expenses rise

Nio, a leading electric vehicle manufacturer, recently reported its financial results for the first quarter of 2025. The…

Xpeng posts lowest net loss in 5 years in Q1, gross margin at record high

Xpeng, a leading electric vehicle (EV) maker, recently reported its first-quarter financial results, showcasing a significant improvement in…

Leapmotor posts lower year-on-year net loss, record gross margin

Leapmotor, a Chinese new energy-vehicle (NEV) maker, has reported a net loss of RMB 130 million for the…

Trump tariffs: car makers struggle to mitigate loss of billions in profit

Car Makers Navigate Challenges of US Tariffs Car manufacturers with a significant presence in the US market are…

Zeekr reports significantly lower net loss and record gross margin in Q4

Zeekr, a leading electric vehicle (EV) maker, reported a net loss of RMB 821 million yuan ($112 million)…

Nio reports higher net loss in Q4, gross margin improves slightly

Nio, the Chinese electric vehicle (EV) maker, reported a staggering net loss of RMB 7.11 billion yuan ($974…

Xpeng reports smaller net loss while gross margin declines

Xpeng, a leading Chinese electric vehicle (EV) maker, recently reported its financial results for the fourth quarter of…

VW ID.4 and Audi Q4 E-Tron recalled for loss of drive power

Volkswagen Group of America is issuing a recall for 13,769 VW and Audi electric vehicles due to a…

2025 Kia EV9 recalled for drive power loss issue

Kia is issuing a recall for 342 EV9 electric SUVs due to a potential loss of drive power.…

SERES Group expected to turn loss to profit in 2024

SERES Group Expects Impressive Growth in 2024 Chinese automaker SERES Group has recently announced its 2024 annual performance…

Jeep recalls over 63,000 Cherokees due to loss of power, has no fix

Stellantis, the parent company of Jeep, is issuing a recall for 63,082 Jeep Cherokee crossovers due to a…

Ford F-150 Lightning recalled for loss of steering control

The 2023-2024 Ford Lightning electric pickup truck is facing a new recall due to a potentially dangerous issue…