Xpeng Inc
![Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options](https://image.cnbcfm.com/api/v1/image/108015347-1722559385762-gettyimages-2147924409-cfoto-liautol6240419_npIv5.jpeg?v=1722559480&w=1920&h=1080)
Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options
A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li […]
Read MoreChinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in […]
Read More![Elon Musk says he expects China to approve Tesla’s Full Self-Driving by the end of the year Elon Musk says he expects China to approve Tesla’s Full Self-Driving by the end of the year](https://image.cnbcfm.com/api/v1/image/108010834-1721781076618-gettyimages-2150144366-CHINA_TESLA.jpeg?v=1721781255&w=1920&h=1080)
Elon Musk says he expects China to approve Tesla’s Full Self-Driving by the end of the year
Tesla China sales fell by 5.4% in the first half of the year, although the company retained third place in new energy vehicle sales, behind BYD and Geely, according to the China Passenger Car Association. Bloomberg | Bloomberg | Getty Images BEIJING — Tesla CEO Elon Musk has again touted the impending rollout of advanced […]
Read More![Chinese EV stocks drop as Tesla’s earnings miss, General Motors delays EV plans Chinese EV stocks drop as Tesla’s earnings miss, General Motors delays EV plans](https://image.cnbcfm.com/api/v1/image/108010844-1721786886855-gettyimages-2161887097-cfoto-21stchan240718_npau4.jpeg?v=1721786928&w=1920&h=1080)
Chinese EV stocks drop as Tesla’s earnings miss, General Motors delays EV plans
Spectators are looking at BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of major Chinese electric vehicle companies dropped Wednesday after U.S. giant Tesla‘s earnings fell short of analysts’ […]
Read More![Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings](https://image.cnbcfm.com/api/v1/image/107266351-1688432893590-gettyimages-1500252225-dbg-dg-1.jpeg?v=1698190964&w=1920&h=1080)
Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings
An aerial view of the central business district and Sydney Opera House on February 17, 2023. David Gray | Getty Images News | Getty Images Japan’s Nikkei 225 dropped 0.19%, while the broad-based Topix was down 0.35%. Flash data from the au Jibun Bank showed that the country’s business activity returned to growth. Japan’s composite […]
Read More![Stocks making the biggest moves midday: Ryanair, CrowdStrike, IQVIA Holdings and more Stocks making the biggest moves midday: Ryanair, CrowdStrike, IQVIA Holdings and more](https://image.cnbcfm.com/api/v1/image/107365548-1706522465709-gettyimages-1767332013-UK_RYANAIR.jpeg?v=1721668812&w=1920&h=1080)
Stocks making the biggest moves midday: Ryanair, CrowdStrike, IQVIA Holdings and more
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The company said its quarterly profit after tax had fallen 46% and that it expects fares to be lower than expected in the summer months. CrowdStrike — The cybersecurity stock plunged […]
Read More![Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says](https://image.cnbcfm.com/api/v1/image/107389760-1710886552905-gettyimages-1889113351-cfoto-teslasha231231_npN8Y.jpeg?v=1720747306&w=1920&h=1080)
Foreign carmakers in China face ‘increasingly precarious’ position, consultancy says
Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese electric cars aren’t enough to help foreign automakers stay competitive, especially in the lucrative China market, according to consulting firm AlixPartners. China is the world’s […]
Read More![Stocks making the biggest moves midday: Macy’s, MicroStrategy, Coinbase, Nvidia and more Stocks making the biggest moves midday: Macy’s, MicroStrategy, Coinbase, Nvidia and more](https://image.cnbcfm.com/api/v1/image/107433665-1719419621393-gettyimages-2158585102-Illustration_Nvidia_Shares_Fall.jpeg?v=1720194820&w=1920&h=1080)
Stocks making the biggest moves midday: Macy’s, MicroStrategy, Coinbase, Nvidia and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling fell 1% after a rare negative call on Wall Street . New Street Research downgraded Nvidia to hold from buy, citing limited upside given the big run already this year. It is only the second downgrade of Nvidia […]
Read More![China-built EVs strike with EU tariffs Nio says it could have to increase charges in Europe China-built EVs strike with EU tariffs Nio says it could have to increase charges in Europe](https://image.cnbcfm.com/api/v1/image/107392465-1711396590361-GettyImages-2043253999.jpg?v=1711396652&w=1920&h=1080)
China-built EVs strike with EU tariffs Nio says it could have to increase charges in Europe
The European Union on Thursday confirmed its final decision to hike tariffs on electric powered autos imported from China — with a single automaker issuing fresh warnings that it may have to raise rates as a end result. The European Commission, the government arm of the European Union, declared strategies for these types of levies […]
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