Xpeng Inc
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty Images BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive — as Chinese demand for […]
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Chinese EV maker Xpeng expects expense cuts, Volkswagen offer to slender losses
A XPeng Inc. G6 electric activity utility automobile (SUV). Qilai Shen | Bloomberg | Getty Pictures Xpeng expects price cuts and its Volkswagen partnership to slender the firm’s losses, the Chinese EV maker advised CNBC in an special interview on Monday. On Friday, the agency logged its biggest quarterly decline since its U.S. listing in […]
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Xpeng shares fall 6% immediately after the Chinese electric carmaker posts a file quarterly loss
A Xpeng P7 electric auto is on screen throughout the 18th Guangzhou International Car Exhibition at China Import and Export Reasonable Intricate on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visible China Team | Getty Pictures Shares of Xpeng had been down a lot more than 6% in pre-market U.S. trade, […]
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Tesla tends to make further more cost cuts in China, minimizing styles S and X by $7,400 to $8,500
People verify a Tesla Model 3 automobile following to a Product Y exhibited at a showroom of the U.S. electric motor vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla on Wednesday slashed the value of the present stock of its Product S and Design X vehicles in China, as […]
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Automakers boost superior tech to compete in China — the world’s leading EV market place
An XPeng Inc. G9 electric powered car or truck at the Shanghai Vehicle Demonstrate in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Photos Worldwide electric powered vehicle makers are tapping superior technologies to vie with each other and domestic manufacturers in the intensively competitive Chinese sector. China is the […]
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Shares of Chinese Tesla rival Xpeng tumble 5% soon after head of autonomous driving resigns
An XPeng Inc. G9 electric powered car or truck at the Shanghai Car Display in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Visuals Xpeng shares fell close to 5% on Wednesday after the firm announced its head of autonomous driving will leave the company at what is witnessed as […]
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Chinese EV maker Xpeng sees highest deliveries this year but is eclipsed by rivals Nio, Li Automobile
Xpeng G9 SUV is on display all through the 20th Shanghai Global Auto Field Exhibition at the Countrywide Exhibition and Conference Centre (Shanghai) on April 18, 2023 in Shanghai, China. VCG | Visual China Group | Getty Visuals Chinese electrical motor vehicle startups Xpeng, Nio and Li Automobile on Tuesday posted car supply quantities for […]
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Stocks making the biggest moves midday: SoFi, ON Semiconductor, Disney, Sweetgreen and more
In this article ON SOFI NYCB HAS XPEV DIS Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. SoFi Technologies – Shares of the fintech company popped more than […]
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Stocks making the most important moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and much more
A Hasbro Monopoly board game organized in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Pictures Test out the corporations earning headlines right before the bell: Adobe — The inventory received 2.4% just before the bell just after Morgan Stanley upgraded shares to obese from equal fat and boosted its […]
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