
Chinese EV Manufacturer Xpeng Motors Files for IPO on NYSE
Xpeng Motors formally filed an initial public offering with the SEC in the early morning of August 8 to list its shares on the New York Stock Exchange (NYSE) under the symbol “XPEV.”
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Xpeng Motors formally filed an initial public offering with the SEC in the early morning of August 8 to list its shares on the New York Stock Exchange (NYSE) under the symbol “XPEV.”
We sat down with Brian Gu, president and vice-chairman of XPeng Motors, to learn more about the company and his vision for the future of EVs.
Chinese electric vehicle (EV) maker Li Auto Inc. has filed for a US initial public offering of up to $100 million, seeking to list its stock on the Nasdaq.
According to numbers reported by a research company LMC Automotive, Toyota was responsible for 7.8% of China’s new car sales during the first nine months of 2019, falling short of toppling Volkswagen as the market leader, but outpacing GM and the local automotive leader SAIC Motor.
Tesla is reported to be putting together “a major engineering team in China.”
On October 24, celebrated in China as the programmers’ day due to the reference to the number 1024, XPENG Motors held a joint Tech Day with Tsinghua University.
This week on TechBuzz China by Pandaily, our hosts Ying-Ying Lu and Rui Ma talks all about the happenings of the auto industry in China. There is a good news an...
Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.
On the morning of October 24, Tesla released the Q3 financial report for 2019. It shows that its profits reached $143 million, with the company’s per car revenue rate increasing by 22.8%.
On November 7, Tesla’s official Weibo account announced that the Chinese-made Tesla Model 3 is “coming soon” to the largest automotive market in the world.
The Ministry of Industry and Information Technology (MIIT) is now raising the stakes, setting a higher target for the proportion of environmentally friendly cars out on the roads.
Xpeng Motors, a leading smart electric vehicle company in China, announced on July 20 the signing of its Series C+ financing of around US$500 million.