Tag: xpeng

Nio and Xpeng with record deliveries in September
Automobiles

Nio and Xpeng with record deliveries in September

As first reported by the We Go Electric Car Magazine Nio and Xpeng both had an amazing September. For the first time in the history of these young EV companies they delivered more than 10,000 units each during one Month. XPeng delivered 10,412 during September and NIO delivered a record 10,628 units during that same Month. China's new local car makers are off to a great start.
China’s regulator about to tighten the usage and collection of data by car companies
Politics

China’s regulator about to tighten the usage and collection of data by car companies

China’s Cyberspace regulator just issued a release that they are about to tighten the usage and collection of data by car companies. This will likely affect Tesla but also homegrown companies like Nio & Xpeng. You can read the release here : http://www.cac.gov.cn/2021-08/20/c_1631049984897667.htm ( use google translate) China's cyberspace regulator just released notice tightening the usage and collection of data by car makers effective on Oct 1, regulating smart car makers as internet companies. $TSLA $NIO $XPEV https://t.co/sBytCg4SU0— Junheng Li (@Junheng_Li) August 20, 2021 Source: https://wegoelectric.net/chinas-regulator-about-to-tighten-the-usage-and-collection-of-data-by-car-companies-such-as-tesla-nio/
Shares of Chinese EV Maker Xpeng close flat in Hong Kong debut
Business

Shares of Chinese EV Maker Xpeng close flat in Hong Kong debut

Shares of U.S.-listed electric vehicle maker Xpeng closed flat on Wednesday in their Hong Kong debut. Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each. Those shares opened at 168 Hong Kong dollars, a 1.8% rise. Shortly after trading turned negative and the shares ended the day flat at 165 Hong Kong dollars. The electric carmaker is already listed in the U.S. Usually. Chinese companies listed on Wall Street will do what’s known as a secondary listing, usually in Hong Kong. This is where a company which is already listed on one exchang goes on to sell shares on another. xpeng suv But Xpeng’s share offering is a dual-primary listing. That means it will be subject to the rules and oversight of both U.S. and Hong Kong regulators. This isn’t t...