
NIO Seeks Secondary Listing in Hong Kong
Chinese electric vehicle maker NIO Inc. filed a document to the Hong Kong Stock Exchange (HKEx) on Monday, expressing plans to list on its Main Board by way of introduction.
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Chinese electric vehicle maker NIO Inc. filed a document to the Hong Kong Stock Exchange (HKEx) on Monday, expressing plans to list on its Main Board by way of introduction.
On November 27, Xpeng Motors announced that they have signed a deal with Alipay to jointly develop in-car payment functions.
With the gradual economic recovery in China following the Spring Festival holiday and the COVID-19 outbreaks, electric vehicle sales showed growth in February.
Chinese electric vehicle startup Leapmotor was officially listed in Hong Kong on September 29, with an opening price of HK$41 ($5.22) per share, 14% lower than its issue price of HK$48 ($6.11).
Chinese electric vehicle brand XPeng Motors plans to expand its business to Sweden and the Netherlands.
The news said that the mass production of NVIDIA's Thor chip has been significantly delayed, and XPeng plans to shelve its integration.
On Tuesday, the China Passenger Car Association (CPCA) released a report on the country's passenger car market for the month of December 2021.
A range of Chinese new energy vehicle companies have recently reported their April delivery results. They were under greater pressure to deliver during the period due to the COVID-19 outbreaks.
According to data released by the China Passenger Car Association, the cumulative retail share of Chinese car brands in the first three quarters of this year was 47.0%, up 7.5% year-on-year. International luxury brands and joint ventures are now showing downward trends in China.
On February 3, XPeng, a Chinese electric vehicle maker, launched its two latest smart EV models for European markets: G9 flagship SUV, and the new P7 sports sedan.
Xpeng car owners in multiple Chinese cities descended on company’s offices to defend their consumer rights. The cause of the owners’ distress is a new G3 model, that came just six months after the release of the previous version.
Starting in 2022, the subsidy for new energy vehicles will decline by 30% compared to that offered in 2021. On Monday, XPeng Motors announced the latest subsidy prices of all models, all of which increased slightly.