JW Insights: Chinese NEV player Li Auto achieves big in Q1 while Xpeng Motors and Leap Motor suffer from expanding losses The market for China's new energy vehicles (NEV) rebounded in May based on delivery volumes. Li Auto showed shinning performance in the first quarter of 2023, while Xpeng Motors and Leap Motor suffered from losses. 1.3w 05-31 11:27 Founder of China’s Leap Motor: EV production costs will fall to $7,250 per car Zhu Jiangming, founder of Chinese electric car startup Leap Motor (零跑) predicted that the cost of making a new energy vehicle will be just RMB50,000 ($7,250) 1.2w 04-04 15:08 READ MOST No Data Yet~ POPULAR TAGS No Data Yet~