XPeng (XPEV) to present next-gen vehicle tech plans in live briefing ahead of Shanghai autoshow
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq rise in choppy trading as tech steadies, Micron results in focus
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
XPeng (XPEV) unveils its Xiaopeng G6 electric SUV at Auto Shanghai
April 18, 2023 1:52 PM EDTThe Shanghai Auto show kicked off Tuesday after last years Covid-hiatus, with many automakers eager to promote their brands. Chinese EV maker Xpeng (NYSE: XPEV) was no exception, announcing the release of the companys new medium-sized SUV, the Xiaopeng G6.
The Xiaopeng G6 is the first... More
Li Auto (LI) plans to nearly triple EV line-up by 2025
April 18, 2023 8:08 AM EDTChinese electric automaker, Li Auto (NASDAQ: LI) announced Tuesday, plans for the company to expand its line-up to 11 models by 2025, up from four currently, targeting the market for vehicles priced at 200,000 yuan ($29,100) and higher.
Li Auto's president and chief engineer Ma Donghui... More
CEO William Li says Nio (NIO) 'will certainly not join the price war'
April 18, 2023 7:57 AM EDTThe CEO of Chinese electric automaker, Nio Inc (NYSE: NIO) told CNBC in an interview that the company will not cut prices.
For us, we will certainly not join the price war, CEO William Li said, according to a translation of the interview, claiming Nios products and services are worth the price.
Li said his company will focus on improving its customer services such as adding battery swapping and charging stations. The swapping technology that changes out batteries so that drivers dont have to wait for charging.
Nio announced last... More
XPeng (XPEV) surges on cost cuts and new platform
April 17, 2023 7:32 AM EDTChinese electric vehicle maker XPeng (NYSE: XPEV) is up 11.09% in pre-market trading on Monday after the company unveiled its next-generation end-to-end integrated technology architecture SEPA2.0 over the weekend.
XPengs SEPA 2.0 platform is expected to reduce costs of powertrain systems, including batteries, by 25% by the end of... 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
Zeekr launches compact electric SUV, targets European market
April 12, 2023 1:34 PM EDTChinese electric vehicle maker Zeekr announced Wednesday that the automaker launched a compact, all-electric sport utility vehicle, as it targets a premium market in China that has been dominated by German automakers. The company also announced plans to offer the SUV-styled Zeekr X and its Zeekr 001 EV sedan in Western Europe, but would not disclose when that would be.
With a starting price of 189,800 yuan ($27,615.31) in China, the Zeekr X offers... More
