XPENG Publishes 2022 Environmental, Social and Governance Report
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XPeng (XPEV) to present next-gen vehicle tech plans in live briefing ahead of Shanghai autoshow
April 14, 2023 3:32 PM EDTChinese electric automaker XPeng (NYSE: XPEV) announced today that the company will host a press briefing on Sunday, April 16, 2023, to present its next-generation vehicle technology architecture. In addition, the Company will debut its next production model at Auto Shanghai 2023 on Tuesday, April 18, 2023, with an... More
Organizer plans show Tesla (TSLA) skipping Shanghai autoshow
April 14, 2023 11:37 AM EDTThe Shanghai autoshow, Chinas largest annual autoshow, begins next week. However, one of the biggest automakers in China will not be there. according to plans published by the event's organisers, electric vehicle giant Tesla (NASDASQ: TSLA) will not be occupying a booth this year.
China is set to host Auto... More
Morgan Stanley looks to Norway, says their EV market is 2 decades ahead of U.S.
April 13, 2023 8:31 AM EDTMorgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla Inc. (NASDAQ: TSLA) after The National Bureau for Statistics in Norway released their annual car park data. Morgan Stanley looks to Norway as the country is an estimated 19yrs ahead of the US with 79% EV sales penetration in 2022.
Analyst Adam Jonas wrote in a note, The National Bureau for Statistics in Norway (Statistics Norway) released their annual car park data last Friday. The numbers speak for themselves: Norway's electric... More
Stellantis (STLA) supplier SVolt plans European expansion to five battery plants
April 13, 2023 8:09 AM EDTBloomberg reports Thursday that Chinese battery maker SVolt Energy Technology Co. is set to expand its footprint in Europe to as many as five factories.
Asian companies dominate battery-making in Europe. Data shows some 44% of planned battery capacity in Europe by 2030 is expected from Asian companies, with Chinese battery giant CATL on top of the list.
SVolt already has two locations in Germany with one facility set to start supplying Stellantis (NASDAQ:... More
Xpeng (XPEV) publishes 2022 ESG report
April 12, 2023 2:23 PM EDTChinese electric vehicle maker, XPeng (NYSE: XPEV) published their 2022 Environmental, Social and Governance Report (the ESG report) on Wednesday. The report details progress the company made over 2022 for XPengs commitment, actions and achievements in environmental sustainability, social responsibility, and corporate governance.
At XPENG, we have established an effective environmental, social and governance management framework that is integral in our effort to deliver sustainable... More
