Despite the impressive numbers recorded by the trio, each faced challenges in July as the aftermaths of inflation, strain in the supply chain and the pangs of the coronavirus pandemic. The shares of t...
Tag: Xpeng
China EV Sales Set To Double As Nio Stock, Xpeng Rally On Subsidy Hope
Xpeng (XPEV), Nio (NIO) and Li Auto (LI) are gearing up to report China EV sales for July before Monday’s U.S. stock market open. Chinese EV giant BYD (BYDDF) also reports July sales in early Au...
Hong Kong Internet Stocks Rally On Didi Follow Through & HFCAA Window Potentially Not Shortening
China Last Night KraneShares Key News Asian equities had a strong performance overnight though we should curb our enthusiasm slightly as volumes were light. Hong Kong internet stocks had a strong nigh...
XPENG Robotics Raises $100M to Bring Smart Robots to Households
XPENG Robotics has quite a number of competitors who are also exploring this new niche while developing functional products that can be deployed and utilized by households every day. XPENG Robotics ha...
Alibaba HK Above 200-Day Moving Average For 1st Time Since February 2021, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as some markets rebounded such as South Korea and a handful of internet stocks, especially Alibaba, continued their rebo...
EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem
China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In June
A BYD Tang vehicle on sale in Beijing last year. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the China vehicle and battery maker backed by Warren Buffett’s Berkshire Hathaway, ...
June Caixin PMI Beats Expectations, Week In Review
China Last Night KraneShares Week in Review Asian equity performance was mixed this week. Hong Kong and Mainland China have led gains in Asia for the week and for the quarter. Internet stocks were hig...
Hong Kong Stock Exchange Closed On July 1
The Hong Kong Stock Exchange is one of the world’s largest. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP The Hong Kong Stock Exchange is closed today, July 1, to mark the former B...
China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due
China EV sales for June and the second quarter are due, after Nio (NIO), Xpeng (XPEV) and Li Auto (LI) signaled a Covid recovery but Wall Street says — not so fast. X BYDDF stock broke out afresh Mond...
NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO...
Polestar, a New EV Company, Arrives This Week. It’s Worth More Than Rivian.
Text size Polestar expects to ship 50,000 electric vehicles in 2022 and 124,000 in 2023. Courtesy Polestar Polestar, the electric vehicle maker being spun out of Volvo Car , should begin trading on Fr...
A New EV Company Arrives This Week. It’s Worth More Than Rivian.
Text size Polestar expects to ship 50,000 electric vehicles in 2022 and 124,000 in 2023. Courtesy Polestar Polestar, the electric vehicle maker being spun out of Volvo Car (ticker: VOLCARB.Sweden), sh...
XPEV stock rallies 10% as XPeng reports 200,000 vehicles delivery
XPeng (NYSE: XPEV), an electric vehicle (EV) manufacturer located in Guangzhou, has delivered its 200,000th car. Notably, XPeng achieved the milestone right after its rival Nio (NYSE: NIO) according t...
China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%
It was a rough day for U.S. investors in China stocks. (Photo by Noam Galai/Getty Images) Getty Images Shares in many of China’s best-known companies plunged on the Nasdaq and New York Stock Exchange ...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In May
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD, according to Hong Kong Stock Exchange figures. … [+] Photographer: Daniel Acker/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhe...
Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Chinese electric vehicle maker Nio delivered more than 7,000 vehicles in May, up 4.7% from a year ago but...
XPEV stock rises after XPeng records 78% growth in May deliveries YoY
On June 1, 2022, XPeng (NYSE: XPEV) released its vehicle delivery results for the month of May, 2022. The company managed to deliver 10,125 Smart electric vehicles (EVs), which represents a month-on-m...
China EV Sales: Nio Stock, Xpeng, Li Auto And BYD Rally Ahead Of May Deliveries Data
Nio (NIO), Xpeng (XPEV) and Li Auto (LI) will report May EV sales this week, as well as Chinese EV and battery giant BYD (BYDDF). Sales are expected to bounce back somewhat after a dismal April, in wh...
China Stocks And Shanghai Dwellers Enjoy Big Day As Stringent Lockdowns Ease
Residents gather to celebrate the lifting of a Covid-19 lockdown after midnight on June 1 in … [+] Shanghai. Shanghai authorities say they will take major steps Wednesday toward reopening China&...
Global Chip Supply-Demand Imbalance Is Spurring Industry Change: NXP CEO Kurt Sievers
Visitors gather around a NXP trade show pavilion in Europe. Photographer: Simon Dawson/Bloomberg © 2015 Bloomberg Finance LP As the global semiconductor industry approaches mid-year, demand continues ...
Xpeng Earnings: XPEV Stock On Deck As China Lockdowns Threaten EV Boom
Xpeng (XPEV) prepares to report Monday for the first quarter, with Nio (NIO) on deck, after Li Auto (Li) gave weak revenue and delivery guidance. X All three Chinese EV startups aspire to shake Tesla&...