XPeng (XPEV) Slips on Weak Delivery Forecast
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China Power Crisis Suspends EV Charging Services
August 24, 2022 1:24 PM EDTElectric car manufacturer, Nio In. (NYSE: NIO) began posting temporary notices on its apps charging map page informing owners that some of its Chengdu battery-swapping stations are off-line because of the severe overload on the grid under the persisting high temperatures.
Tesla (NASDAQ: TSLA) was also forced to turn off or restrict services at more than a dozen super-charging stations in... More
Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
August 24, 2022 11:09 AM EDTChinese electric vehicle manufacturer, Li Auto (NASDAQ: LI) announced Wednesday that the company has broken ground and has officially begun construction of its power semiconductor R&D and production base in Suzhou city, Jiangsu province. Some are taking this news as an indication that the Chinese EV company has launched its self-owned industrial chain deployment for the... More
XPeng (XPEV) Denies Connection as Ex-Apple (AAPL) Employee Charged with IP Theft
August 23, 2022 8:00 AM EDTChinese electric automaker XPeng (NYSE: XPEV) issued a statement on Tuesday in response to Apple's (NASDAQ: AAPL) lawsuit against a former employee for stealing trade secrets, saying the company had nothing to do with it.
"Today, we learned from the media about... More
