Things are spicing up in Tesla's (TSLA) latest EV pricing bout with Chinese competitors in China's auto market, this time with Li Auto (LI) as both companies slash prices on electric vehicle models. Yahoo Finance's Akiko Fujita explains the multi-year timeline of EV price cuts from Chinese auto manufacturers — some noted to be more affordable on average than US counterparts — as China accelerates faster into electrification trends. For more expert insight and the latest market action, click here...

GUANGZHOU, China, April 22, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, will attend Beijing Auto Show 2024 and host its Press Conference on Thursday, April 25, 2024, showcasing its latest AI-powered tech advancement and Smart EV innovations. Live Broadcast from China - English Replay Available The live broadcast of the XPENG Beijing Auto Show 2024 Press Conference will begin Thursday, Ap

EV stocks are struggling amid rising competition and slowing growth.

Musk said "It may be possible very soon" while replying to an X post by a user asking when the EV maker would launch FSD in China. The Musk-led EV maker rolled out FSD four years ago but has yet to make it available in China despite customers urging it to do so. Other Chinese automakers have been seeking to gain an advantage over Tesla by rolling out similar software.

XPeng ( NYSE:XPEV ) Full Year 2023 Results Key Financial Results Revenue: CN¥30.7b (up 14% from FY 2022). Net loss...

Gain insight on United Airlines, Volvo, Air Canada, United Airlines and more in the latest Market Talks covering the Auto and Transport sector.

On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. The EV pioneer Tesla Inc (NASDAQ: TSLA) has been leading the market when it comes to architecture that reduces the wiring and components in an electric vehicle to lower the cost of its manufacturing, but with the help of XPeng, Volkswagen will finally be able to compete with Tesla on the cost efficiency front. The new architecture wi

GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today published its 2023 Environmental, Social and Governance Report (the “Report”). The Report details how XPENG has carried forward its strategies and commitments outlined in its three ESG publications and provides updates on key initiatives and metrics. Key highlights from the 2023 ESG report: ESG Achievements: XP

GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 17, 2024. The annual report can be accessed on XPENG's investor relations website at https://ir.xiaopeng.com. The Company will provide a hard copy o

Volkswagen AG said on Wednesday it has developed a new architecture for intelligent and electric cars with its Chinese partner Xpeng, which the German automaker said will help it offer more affordable EVs in its biggest market. Volkswagen plans to use the China Electrical Architecture (CEA) in locally developed VW-branded EVs from 2026, it said. The architecture uses a central computer and a zonal structure to control all electronics to achieve functions such as autonomous driving.