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January 23, 2021

Xpeng Inc

In challenge to Tesla, Chinese electric carmaker Xpeng releases autonomous features for highway driving

CNBC
CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Motors has announced a new autonomous driving......

China’s electric automakers have potential, but consultant warns ‘there’s bound to be a correction’

CNBC
CNBC – For more and to sign up click here SINGAPORE — Chinese electric vehicle companies such as Nio, Xpeng and Li Auto are strong companies, but their stocks are likely to see a correction, the chief executive of an auto consulting firm told CNBC this week. That’s because their......

Warren Buffett-backed BYD’s new luxury sedan jumps into the top 10 electric cars sold in China last year

CNBC
CNBC – For more and to sign up click here Customers view a BYD Han electric vehicle at a shopping mall on July 12, 2020 in Hangzhou, China. Long Wei | Visual China Group | Getty Images BEIJING — As China’s electric car market heats up, Tesla and BYD are......

Chinese search giant Baidu to create an electric vehicle company

CNBC
CNBC – For more and to sign up click here The Baidu Inc. logo is displayed on the company’s headquarters on July 3, 2019 in Beijing, China. Wan Xiaojun | Visual China Group via Getty Images GUANGZHOU, China — Chinese internet giant Baidu has formed a strategic partnership with automaker......

Here’s what Nio’s first sedan to rival Tesla in China looks like

CNBC
CNBC – For more and to sign up click here William Li, founder and chairman of Nio, shares features of the et7 sedan at a launch event in Chengdu, China, on Jan. 9, 2021. Evelyn Cheng | CNBC BEIJING — Chinese electric car start-up Nio released its first sedan on......

Warren Buffett-backed Chinese electric car company outsells its start-up rivals

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CNBC – For more and to sign up click here Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD is selling far more luxury electric sedans a month......

Apple iPhone supplier Foxconn rallies 4% after it inks production deal with Chinese electric carmaker

CNBC
CNBC – For more and to sign up click here A Byton M-Byte electric sports utility vehicle (SUV) is displayed at the CES 2020 event in Las Vegas, Nevada, U.S., on Sunday, Jan. 5, 2020. Bridget Bennett | Bloomberg | Getty Images GUANGZHOU, China — Apple iPhone maker Foxconn has......

Chinese electric carmakers snap up storefronts as property developers pursue new strategies

CNBC Real Estate
Customers viewing electric vehicles at a Xpeng Motors store on Oct. 6, 2020 in Beijing, China. Visual China Group | Getty Images BEIJING — Chinese electric carmakers are splashing out on prime retail space and taking up storefronts at shopping malls — a new trend that offers relief for China’s......

Chinese electric car company Nio doubles deliveries in 2020 as local competition ramps up for Tesla

CNBC
CNBC – For more and to sign up click here A Nio ES6 electric vehicle is on display at an automotive experience area of Wanda Plaza on Nov. 28, 2020 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — China’s homegrown Tesla rivals are racking up......

China-based companies raised $11.7 billion through U.S. IPOs this year, the most since 2014

CNBC
CNBC – For more and to sign up click here A Lufax flag on display during an event in Shanghai, China to launch the company’s initial public offering on the New York Stock Exchange. Arjun Kharpal | CNBC BEIJING — Investor appetite for Chinese companies in U.S. stock markets rose......

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