CnEVPost

CnEVPost is a news website focused on reporting the new energy vehicle (NEV) industry in China. The site covers financial results, company updates, and industry developments for companies such as Nio, Xpeng, and Li Auto. It aims to provide information for investors interested in China's NEV industry. The site also keeps track of broader Chinese NEV industry developments and news about other NEV brands in China including Tesla. CnEVPost is operated by a team based in Shanghai and publishes its content mainly through its website and Twitter.

66%

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

75%

Examples:

  • The site appears to have a slight focus on negative news regarding certain companies such as Li Auto.

Conflicts of Interest

75%

Examples:

  • The site's founder, Phate Zhang, has worked in the media for over 10 years which may potentially create a conflict of interest due to his experience and connections.

Contradictions

60%

Examples:

  • Li Auto guided to deliver between 105,000 and 110,000 vehicles in the second quarter.
  • Li Auto pushed back its plan to launch more all-electric models to the first half of next year.
  • Li Auto reported a net income of RMB 591.1 million ($81.6 million) in the first quarter, down 36.7% from a year earlier and down 89.7% from the fourth quarter.

Deceptions

40%

Examples:

  • The site occasionally uses misleading language or presents information in a way that could be confusing.
  • Ultimately, we suspect LI will have to consider lowering its price range on BEVs to garner larger volumes.

Recent Articles

  • Li Auto Reports Q1 2024 Financial Results: Revenue and Earnings Miss Analyst Estimates, Stock Price Drops

    Li Auto Reports Q1 2024 Financial Results: Revenue and Earnings Miss Analyst Estimates, Stock Price Drops

    Broke On: Tuesday, 21 May 2024 Li Auto reported Q1 2024 financial results with a 36.4% revenue increase to RMB25.6 billion, driven by a 52.9% surge in vehicle deliveries to 80,400 units. However, the company missed analyst expectations for revenue and adjusted net earnings per ADS due to declining vehicle margins and income from operations. Li Auto's stock price dropped following the announcement and concerns about competition from Chinese EV makers like Nio and Tesla China, as well as international players. The company also announced no all-electric SUV releases this year, adding to investor concerns.
  • BYD Announces Double Share Buyback Amount to Boost Investor Confidence and Reduce Registered Capital

    BYD Announces Double Share Buyback Amount to Boost Investor Confidence and Reduce Registered Capital

    Broke On: Monday, 26 February 2024 BYD, a Chinese electric vehicle manufacturer, announces plans to double its proposed share buyback amount from RMB 200 million to RMB 400 million. The move is aimed at boosting investor confidence and reducing registered capital for the company. BYD has seen strong sales growth in recent years but faces challenges due to China's macroeconomic situation and seasonal factors affecting Chinese automakers. The company also launches a new brand called Denza in Europe with a minivan that rivals Lexus, and expands into luxury products with the Yangwang U9 supercar.