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NIO’s April deliveries dropped off steeply. Year-over-year delivery growth went negative for the first time. I am adjusting my estimates for FY 2022 deliveries again and changing my recommendation from buy to hold. For further details see: NIO: A Real Problem
Chinese EV maker CH-AUTO will go public in the U.S. through a deal with SPAC Mountain Crest Acquisition IV (NASDAQ:MCAF) that will value the company at about $1.25 billion. CH-AUTO will valued at a total of $1.7 billion, including about $460 million of debt, according to a statement. CH...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Chinese electric vehicle (EV) stocks like Nio (NYSE: NIO ), XPeng (NYSE: XPEV ) and Li Auto (NASDAQ: LI ) were all trading lower premarket after reporting April deliveries. Nio reported deliverin...
Stock Market Futures Rise Ahead Of Fed Interest Rate Hike This Week U.S. stock futures are gaining before this week’s opening bell. For the week ahead, investors will likely be focusing on the Federal Reserve’s upcoming interest rate hikes. Despite the broader stoc...
XPeng (NYSE:XPEV) delivers 9,002 Smart EVs in April 2022, representing a 75% Y/Y and down 41.6% M/M. The April deliveries consisted of 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, as well as 1,724 G3i and G3 smart compact SUVs. YTD total deliveries reached 43,563, up 136% Y/Y. ...
9,002 vehicles delivered in April 2022, a 75% increase year-over-year XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle de...
Chinese President Xi Jinping directed that the government is committed to "deliver its economic growth target and support the healthy growth of internet platform companies." The edict from Xi himself is highly significant. He is committed to leveraging Alibaba and its peers to help me...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips A number of Chinese electric vehicle (EV) companies are in focus today as some of the biggest names in the industry enjoy steady uptrends in stock price. Promising news out of Chinese regulatory officials seems to be behind...
According to a recent market analysis report from Technavio, the EV battery market could reach $38 billion, with growth from 2021 to 2026 running at an accelerating CAGR of 14.87%. That shouldn’t come as a surprise to engaged market participants given the backdrop of rising fossil fuel...
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XPeng Inc. American depositary shares each representing two Class A Company Name:
XPEV Stock Symbol:
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XPeng Inc. American depositary shares each representing two Class A Website:
XPENG and the Volkswagen Group will jointly develop industry-leading E/E Architecture for all locally produced vehicles based on Volkswagen’s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform The first vehicle equipped with the jointly developed E/E Archite...
2024-07-19 12:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...