Chinese EV begin-ups Nio and Xpeng switch to the mass marketplace for advancement

Important Points

Chinese electrical car get started-ups Nio and Xpeng are turning to a decreased-priced phase of the market place with strategies to launch newly-branded autos this calendar year.
Nio’s 1st these kinds of mass market place vehicle will be an SUV much less expensive than Tesla’s Model Y, CEO William Li advised CNBC’s Eunice Yoon on Thursday.
Xpeng, which sells its automobiles in a marginally reduced cost range than Nio, plans to start its new sub-model Mona in the next two or a few months, Vice Chairman and Co-President Brian Gu advised CNBC on Thursday.

Supply

Finance

Stocks making the biggest moves premarket: AMD, Home Depot, Hims & Hers Health, Diamondback Energy and more

February 24, 2026

Check out the companies making headlines before the bell: Advanced Micro Devices — The semiconductor maker rose about 11% after it inked a multiyear deal with Meta to lend up to 6 gigawatts of its graphics processing units to artificial intelligence data centers. The cost of the deal is unclear, but the companies’ agreement includes […]

Finance

Jamie Dimon says ‘watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’

February 24, 2026

Key Points Even as economists tout the Trump administration’s tax and deregulatory policies as boosting economic growth this year, JPMorgan Chase CEO Dimon said that his own tendencies were to consider what could go wrong. “My own view is people are getting a little comfortable that this is real, these high asset prices and high […]

Finance

Supreme Court ruling throws Trump administration’s tariff strategy into flux. What it means for global trade, U.S. economy

February 23, 2026

Key Points U.S. President Donald Trump’s decision to reimplement tariffs after the Supreme Court struck some down only served to aggravate global trade tensions. As uncertainties rise, foreign governments and big businesses are likely to adopt more cautious stances on investments as well as imports and exports, particularly on deals that involve the U.S. — […]