XPeng (XPEV) Adjusts Configurations of G9 Flagship SUV in Response to High Demand for Optional Spec (earlier)
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Li Auto (LI) Drops After Updating Delivery Outlook
September 26, 2022 8:00 AM EDTShares of Chinese electric vehicle maker, Li Auto (NASDAQ: LI) have fallen 2.2% in pre-market trading on Monday after the company released its updated 3Q delivery guidance.
LI had originally estimated that the company would deliver between 27,000 and 29,000 units. However, as a direct consequence of the... More
Xpeng (XPEV) CEO buys back 2.2 million shares
September 26, 2022 7:35 AM EDTAccording to Chinese media, He Xiaopeng, founder and CEO of Chinese electric vehicle maker Xpeng Motors (NYSE: XPEV), purchased 2.2 million shares of the company's American shares from the market.
He paid almost US$30 million for the shares on the open market, September 23rd, based on the average price of $13.58 disclosed in a Hong Kong stock exchange filing on Sunday. The automaker went public in New York in... More
