Out from Shanghai: Automobility CEO Bill Russo returned home to Reno, Nevada this month. Bill Russo American businessman Bill Russo has a long record of success in China. The 18-year veteran in the co...
Tag: Xpeng
No Surprise In April Data As Lockdowns Weigh On Economic Activity
Key News Asian equities were largely higher following the US market’s rip higher on Friday though China was off and several markets were closed for Vesak Day, one of the most sacred days for Buddhists...
China SUV Leader Great Wall Motor Reports 41% Plunge In April Sales Amid Lockdowns
Wei Jianjun, chairman of Great Wall Motor Co., attends a news conference in 2019. Great Wall, … [+] Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP April sales at Great Wall Motor...
PCAOB Officials Arrive In Beijing, Week In Review
China Last Night KraneShares Week in Review The arrest of a man named Ma in Hangzhou sent Alibaba lower on Tuesday, though the man arrested was not Jack Ma. This is an unfortunate example of investors...
Warren Buffett-Backed BYD’s EV Production Nearly Quadrupled In April Despite Pandemic Fallout
A BYD logo on a Yuan sport utility vehicle displayed at the company’s showroom in Beijing in 2021. … [+] Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhen-he...
XPeng monthly deliveries slump 42%
On May 1, XPeng Inc. (NYSE: XPEV) a leading Chinese smart electric vehicle (EV) company announced its vehicle delivery results for the month of April. Notably, deliveries totaled 9,002 smart EVs which...
Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
China EV Maker XPeng Says Covid Affecting Supply Chain; Deliveries Drop In April From March
The XPeng Inc. P7 Wing Limited Edition electric vehicle at an XPeng dealership in Shanghai last … [+] year.Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP XPeng, one of China’s la...
Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.
Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...
Buyers Strike As CSRC Recommends Raising Equity Allocations
China Last Night KraneShares Key News Asian equities had a mixed day as Japan and India rebounded while Hong Kong, China, and the Philippines were down/underperformed. Going into today’s session, we k...
Profit At Warren Buffett-Backed EV Maker BYD Soared In First Quarter
Warren Buffett’s Berkshire Hathaway owns 7.7% of China EV maker BYD. (Photo by Dimitrios … [+] Kambouris/Getty Images) Getty Images BYD, the China-based vehicle and battery maker backed by...
China’s Tech Leaders Warn Of Widespread Production Halt If Shanghai Lockdown Continues
Richard Yu, chief executive officer of the consumer business at Huawei Technologies, talks about the Huawei Mate 30 smartphone in Munich, Germany, on Sept. 19, 2019. Michaela Handrek-Rehle/Bloomberg T...
China’s Xpeng Is Selling NFTs On Alibaba To Mark 100,000th Roll out Of Complete Vehicle
Xpeng, a Chinese electric vehicle manufacturer, is selling “digital collectibles” as a marketing move to celebrate the milestone of the 100,000th roll out of a complete vehicle. Most Chinese companies...
China Revises Delisting Rule. But Investors May Want to Sell on the Rally.
Text size The probability of a mass delisting of Chinese stocks like Alibaba may have ticked lower with revised rules from China’s regulators. Greg Baker/AFP via Getty Images The probability of ...
EV Sales At Warren Buffett-Backed BYD Quadrupled In March
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD. Photo by: zz/Dennis Van Tine/STAR MAX/IPx zz/Dennis Van Tine/STAR MAX/IPx BYD, the Shenzhen-headquartered vehicle and battery maker backed b...
China EV Sales: Nio, Xpeng, Li Auto Eye Big March Rebound But Delisting Fears Hit Nio Stock
Nio (NIO), Xpeng Motors (XPEV) and Li Auto (LI) eye a big rebound in China EV sales for March. But Nio stock and its peers tumbled Thursday as delisting and Covid-19 fears reared up again. X China EV ...
Meituan Leads Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. Meituan (3690 HK) jumped...
XPeng (XPEV) Q4 2021 earnings
XPeng delivered over 60,000 of its flagship P7 electric sedans in 2021. XPeng, Inc. U.S. listed shares of XPeng jumped in premarket trading Monday after the Chinese electric-vehicle maker reported a f...
Xpeng Earnings: First Billion-Dollar Quarter Seen For EV Startup Rival To Tesla, Nio. But Delisting Fears Hit Xpeng Stock
Xpeng (XPEV) is gearing to report Monday for the fourth quarter after hiking EV prices due to rising material costs. Also on Monday, Nio (Nio) is supposed to deliver its hotly anticipated ET7 electric...
Alibaba & XPeng Have A Gargantuan Day As Markets Go Green
China Last Night KraneShares Key News Asian equity markets had a very strong night with every market in the green as the majority of markets were up more than +1%. Alibaba jumped as Softbank announced...
Dow Jones Futures: Tesla Deliveries Crush Views, Xpeng, Nio Sales Strong; Bring On The 2022 Market Rally
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla deliveries blew out Q4 forecasts Sunday following strong deliveries from Chinese EV rivals. X The s...
Dow Jones Futures: Tesla Deliveries Crush Views After Strong Xpeng, Nio Sales; Bring On The 2022 Market Rally
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla deliveries blew out Q4 forecasts Sunday following strong deliveries from Chinese EV rivals. X The s...