NIO Inc
China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month
People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Chinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering more than 30,000 vehicles for the sixth consecutive month. That represents a 273% year-on-year […]
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Stocks making the biggest moves midday: Plug Power, Nvidia, Peloton and more
Check out the companies making headlines in midday trading: Plug Power — The hydrogen fuel cell developer jumped 24% after signing a deal to issue up to $525 million in secured debentures. The company also issued first-quarter guidance of between $130 million and $134 million, compared with LSEG consensus of $131.6 million. Nio — The […]
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China and the U.S. are ‘critical and strategic allies,’ Pakistan’s finance minister says
Roads of Karachi, Pakistan, dated 2022 Muhammad Aqib | Moment | Getty Images Countries around the world have been feeling the pressure of tariffs imposed on their exports to the U.S., as well as the trade tensions between the world’s largest superpowers. Pakistan is no exception. U.S. President Donald Trump had imposed a 29% duty […]
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Xiaomi delivers record cars in March as winners emerge in China’s EV race
A Xiaomi store in Shanghai, China, on March 16, 2025. Qilai Shen/Bloomberg | Bloomberg | Getty Images Chinese electric carmakers Xiaomi, Xpeng and Leapmotor each delivered nearly 30,000 or more cars in March, roughly twice several of their fellow startup competitors. It’s a sign of how some automakers are pulling ahead, while BYD remains the […]
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Tesla’s China rival Zeekr to roll out advanced driver assistance-system for free
The view from inside a Zeekr Mix electric vehicle at one of the company’s showrooms in Shanghai, China, on March 16, 2025. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up, Zeekr CEO Andy An told […]
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BYD unveils new super-charging EV tech, to build charging network in China
A view of the logo of BYD during the launch of the BYD eMAX 7, an electric MPV by Chinese car and battery maker BYD, in New Delhi, India, October 8, 2024. Priyanshu Singh | Reuters BYD on Monday unveiled a new platform for electric vehicles (EVs) that it said could charge EVs as quickly […]
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Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there by 2025. Martin Schutt | picture alliance | Getty Images China’s Contemporary Amperex Technology posted a 9.7% drop in annual revenue, […]
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Stocks making the biggest moves midday: Intel, Nvidia, AppLovin and more
Check out the companies making headlines in midday trading: Intel — Shares rose more than 2% after Reuters, citing two sources familiar with the matter, reported that chipmakers Nvidia and Broadcom are running manufacturing tests with Intel . The tests signal that both companies are heading closer toward committing hundreds of millions of dollars’ worth […]
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Chinese EV startup Xpeng delivers over 30,000 cars for a fourth straight month
The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025. CFOTO/Future Publishing via Getty Images Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth-straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. Xpeng delivered 30,453 cars last month, including […]
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Stocks making the biggest moves midday: Nvidia, Autodesk, Duoloingo, Alibaba and more
Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker edged lower by 0.1% after market sentiment soured in midday trading, prompted by a tense exchange between President Donald Trump and Ukraine President Volodymyr Zelenskyy that spiked geopolitical concerns. Nvidia had attempted a comeback earlier in the session, following its 8.5% […]
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