NIO Inc
Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace
Key Points Xpeng reported an eighth-straight month of more than 30,000 monthly vehicle deliveries amid a fierce price war in China. Xpeng’s U.S.-listed rivals, which target a more premium segment of China’s car market, saw more modest sales momentum. BYD remained the market giant, with its passenger car sales edging higher in June to 377,628 […]
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Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — As China’s electric vehicle price war intensifies, its top leaders have sounded the alarm with high-profile calls to halt […]
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Stock futures slip after S&P 500 kicks off June with a modest gain: Live updates
Traders work on the floor of the New York Stock Exchange on June 2, 2025. NYSE Stock futures were slightly lower on Monday night after the major averages began June’s trading on a positive note. S&P 500 futures slipped 0.2%, and Dow Jones Industrial Average futures lost 83 points, or 0.2%. Futures linked to the […]
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Stocks making the biggest premarket moves: Cleveland-Cliffs, Nucor, Moderna, Tesla and more
Check out the companies making the biggest moves in premarket trading: Steel stocks — Shares of steel companies soared after President Donald Trump doubled tariffs on the metal to 50% from 25%. Cleveland-Cliffs rallied 26%, while Nucor added nearly 11% and Steel Dynamics rose 10%. BioNTech — The Germany-based biotech stock jumped 11.3% after Bristol […]
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China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up
Stellantis-backed Leapmotor delivered a record 45,067 vehicles in May, reflecting year-on-year growth of 148%. Cfoto | Future Publishing | Getty Images Chinese electric carmakers Leapmotor and Aito reported record high deliveries in May, while other startups struggle to catch up as the price war intensifies. Stellantis-backed Leapmotor delivered a record 45,067 vehicles in May, reflecting […]
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Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]
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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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