By Yifan Wang Chinese electric car maker Xpeng Inc. has cut prices for most of its vehicles by around 10%, joining other auto makers in lowering prices as competition heats Read more
Tag: XPEV
Tesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it
Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the electric vehicle maker cut prices in China again, which also weighed heavily on rival China-based Read more
XPeng stock rockets toward record rally as bulls brush off bad results, outlook
The U.S.-listed shares of China-based electric vehicle maker XPeng Inc. skyrocketed Wednesday, as investors cheered changes in China’s COVID policy while shrugging off weak third-quarter results and a downbeat outlook. Read more
NIO shares soar in Hong Kong despite earnings miss
NIO Inc. 9866, +13.22% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car maker’s earnings Read more
Chinese EV, Battery Makers Slump on Renewed Worries About Covid-19 Restrictions
By Bingyan Wang Shares of Chinese electric-vehicle and battery makers fell Thursday amid worries that Beijing may further tighten pandemic-related curbs that are hurting a weakened auto industry. China’s Contemporary Read more
XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge
Shares of China-based electrical vehicle makers shot higher Tuesday after October deliveries were reported, but glimmers of hope that China will relax the zero-COVID policy that has slowed the country’s Read more
Xi’s power move punishes Chinese stocks, pushing them down as much as 26% in one day
Investors have made one thing clear: They don’t like Xi Jinping’s moves to consolidate power. Over the weekend, Xi took his third term as China’s communist party leader while sidelining Read more
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy Read more
Chinese EV maker Nio’s stock resumes selloff, even as quarterly deliveries rise to a record
Shares of Nio Inc. resumed its recent selloff toward a more than four-month low on Monday, reversing an earlier intraday gain, after the China-based electric-vehicle maker reported an uptick in Read more
Chinese EV maker Zhejiang Leapmotor plans to raise over $1 billion in Hong Kong IPO
Zhejiang Leapmotor Technology Co. is planning to raise over 8.11 billion Hong Kong dollars ($1.03 billion) in an initial public offering to join a list of other Chinese electric vehicle Read more