Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base

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XPeng (XPEV) Slips on Weak Delivery Forecast

August 23, 2022 7:33 AM EDT

Shares of XPeng (NYSE: XPEV) are down over 3% after the electric vehicle (EV) company reported a weaker-than-expected forecast for vehicle deliveries for the third quarter.

For this quarter, XPEV reported an adjusted loss per share of 1.44 yuan while analysts were looking... More

China Grants Approval for Leapmotor Listing in Hong Kong

August 22, 2022 11:51 AM EDT

The China Securities Regulatory Commission announced on Friday that they have granted approval for electric vehicle maker, Leapmotor to issue a maximum of 290 million overseas listed foreign common shares.

Leapmotor submitted its application for listing on March 17th with co-sponsors CICC, Citigroup, JP Morgan Chase and CCB International.... More