XPeng Inc (NYSE: XPEV) shares are trading lower Monday morning following a report indicating total vehicle sales in China were significantly lower month-over-month.
Amid the skyrocketing fuel prices in India, the recent data from FADA, the apex Indian automobile dealers body, shows a major shift toward the electric vehicles in the country.
The electric vehicle retail sales in the country witnessed over a three-fold jump in the last fiscal year.
Tesla Inc (NASDAQ: TSLA) reported higher sales for locally made electric vehicles in China last month, according to multiple reports on Sunday, citing the China Passenger Car Association (CPCA).
Costco Wholesale Corp (NASDAQ: COST) shares are trading higher Thursday after the company reported March net revenue results that were higher year-over-year.
Volkswagen Group (OTC: VWAGY) said on Monday it sold 2,755 ID.4 electric crossovers in the first quarter of 2022, a decline of 38.3% on a sequential basis.
Ford Motor Co (NYSE: F) on Wednesday reported a sequential jump in Mustang Mach-E sales in March, even as gas-powered versions of the vehicles dropped significantly amid semiconductor shortages and production halts.
Vertically integrated cannabis operator Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) announced several milestones in its branded-CPG portfolio, which include new launches for Secret Orchard, LEVIA, STiX Preroll Co., and Origyn Extracts.
Xpeng Inc (NYSE: XPEV) on Friday reported higher monthly delivery numbers than those of the close local rivals Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) as production bounced
Nio Inc (NYSE: NIO) on Friday reported a rebound in March deliveries as production bounced back after a traditionally slow holiday season and interruption due to a key facility upgrade.