Chinese electric carmaker XPeng Motors said it has not been affected by the global chip supply shortage and plans to launch its third production model in the fourth quarter of 2021.
Chinese drone manufacturer DJI said the company has not established a new engineering team to work on self-driving technologies.
Wedbush Securities believes next year, Apple will announce an electric vehicle strategic partnership potentially with Tesla, Volkswagen, or manufacturers in China such as Nio and Xpeng.
Concerning Elon Musk’s comment, Xpeng’s CEO Xiaopeng He fired back on social media.
Chinese smart electric vehicle company XPeng announced its unaudited financial results for the third quarter ended Sept. 30, 2020, showing a 265.8% year-on-year increase in deliveries and a 342.5% year-on-year growth in sales.
Chinese e-commerce giant JD.com, Inc. signed an agreement with Xpeng Motors on Tuesday, providing Xpeng’s customers with services for their electric vehicles.
Xpeng Motors announced free supercharging benefits and a battery leasing plan for customers as well as debuted its air-enabled tech at the Auto China 2020.
We’re going to provide a brief list of China’s most valuable automobile companies by market capitalization as of August 2020.
Many Chinese concept shares (CCS) plummeted after Monday’s closing. New popular electric vehicle stocks Xpeng Motor plunged 10.05%, Li Auto fell 7.39%, but NIO bucked the trend and rose 2.86%.
Leading Chinese EV maker Xpeng Motors (stock code: XPEV) kicked off trading on the New York Stock Exchange on the evening of Aug. 27 (Beijing Time) with an opening price of $23.1, soaring 56% from the issue price of $15 per share.
On Aug. 25, UBS boosted the rating of NIO from "sell" to "neutral" and bumped its price target from $1.00 to $16.30.
The BAIC Group’s New Energy ARCFOX αS currently has three models listed in the catalog, with maximum ranges reaching 525km, 603km, and 708km, respectively.
Xpeng Motors said in a filing with SEC on Aug. 21 that the company plans to issue 85 million American Depositary shares in the range of $11 to $13 per share in their US IPO.
Chinese unmanned retail solution provider SandStar announced that it has raised hundreds of millions of yuan in a series B+ round of financing.
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.