Electric vehicle company XPeng Inc (NYSE:XPEV) has signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to expand…
Shares of several Chinese EV stocks, including XPeng Inc (NYSE: XPEV), are trading lower Monday afternoon following a fatal crash of a self-driving vehicle, which may result in heightened safety regulation.
Chinese electric vehicle maker NIO (NYSE: NIO) reported solid second-quarter results. On Wednesday, shares rose more than 1% in after hours trade after it reported a narrower than expected loss and a surge in revenue.
Chinese automaker BYD Co Ltd (OTC: BYDDF) (OTC: BYDDY) said on Thursday it has begun deliveries of electric sports utility vehicle Tang in Norway, weeks ahead of homegrown rival Nio Inc’s (NYSE:
EV sales in China surged in July. On Wednesday, the China Association of Automobile Manufacturers (CAAM) revealed that wholesale deliveries of new EVs that include battery-powered, plug-in hybrid and hydrogen fuel-cell cars rose 164% YoY last month. These 271,000 units imply that EVs made 10 percent of total auto sales in China from January to July.