Deutsche Bank initiates coverage on Xpeng with Buy rating and $58 price target
The price target represents a 31 percent upside potential to the Chinese electric car company's Friday closing price of $44.31.
Xpeng P7 named ‘Car of the Year’ in Chinese auto industry’s ‘Oscar’ awards
The Nio ES6 won the Car of the Year Award at last year's 7th Xuanyuan Awards, becoming the first new car maker to win this award.
On the way to catch up with Tesla, where did Nio, Li Auto and Xpeng spend their money?
The amount of money they are spending on capital expenditures speaks for itself and is a sign of confidence and ambition.
Nio, Xpeng, Li Auto’s timeline for funding this year
Tesla, Xpeng, and Li Auto have all issued or announced plans to issue additional shares, leaving Nio the only major EV maker not having…
After Tesla, Baidu also found to be misusing Xpeng’s image
Everyone seems to be using Xpeng's images or video when promoting their navigation capabilities. After Tesla, Baidu is the latest to do so.
Xpeng plans to issue 48 million additional ADSs, up from 40 million previously planned
Xpeng priced its follow-on offering of the ADS at $45 each, representing a 7.6% discount to its last closing price of $48.69.
Will Nio follow Tesla, Xpeng, Li Auto in issuing additional shares?
William Li Bin, the founder of Nio, said the company has no plans to raise additional funding in the short term to support Nio's growth.
Xpeng denies rumor that it resells vehicles to used car dealers at low prices
A user recently claimed on a short video platform that Xpeng resold some of its vehicles to a used car itsss at low prices. The Chinese…
Xpeng announces plan to issue 40 million additional ADSs, stock down up to 10% pre-market
On December 2, Li Auto filed an F-1 with the SEC for the issuance of 47 million additional ADSs for net proceeds of approximately $1.62 billion.
Chip shortage haunts Chinese automakers, will Nio, Xpeng and Li Auto be affected?
A spokesperson for Nio told cnTechPost in Chinese which translated as "there is no impact at this time, Nio has been prepared in advance."