The three companies, all listed in the U.S., are dubbed China's home-grown challengers to Tesla. But currently, Tesla still dominates in China in terms of market share and deliveries. Tesla delivered 184,800 cars in China in the same period. But Xpeng's chairman and CEO...
It's an easier way to join the Hong Kong market for companies that are already trading elsewhere. The method has been used by companies already trading elsewhere to build brand presence in Hong Kong and the Chinese mainland with a large base of existing shareholders, and...
blank-check firm in a deal valued at nearly $1.7 billion, including debt. The deal with Mountain Crest Acquisition Corp IV comprises an equity value of $1.25 billion and a net debt of $460 million, the companies said. A special purpose acquisition company (SPAC) is ...
TMTPost -- US-listed Chinese electric vehicle (EV) makers soared Tuesday after these companies posted robust growth of deliveries over the past month. Credit:Li Auto The American depositary receipts (ADRs) of Li Auto Inc. and Zeekr Intelligent Technology Co., Ltd., settled 11.5% and 10.4% h...
TMTPost -- US-listed Chinese electric vehicle (EV) makers soared Tuesday after these companies posted robust growth of deliveries over the past month. Credit:Li Auto The American depositary receipts (ADRs) of Li Auto Inc. and Zeekr Intelligent Technology Co., Ltd., settled 11.5% and 10.4% ...
TMTPost -- US-listed Chinese electric vehicle (EV) makers soared Tuesday after these companies posted robust growth of deliveries over the past month. Credit:Li Auto The American depositary receipts (ADRs) of Li Auto Inc. and Zeekr Intelligent Technology Co., Ltd., settled 11.5% and 10.4% ...
Shares of Chinese EV companies pulled back in the wake of the EU’s decision to levy additional tariffs on EVs. Nio now delivers EVs to Germany, the Netherlands, Denmark and Sweden. The Shanghai-based company said in its 2023 annual report filed in April that its business could be hurt ...
. In particular, Tesla's market value was $782.5 billion, 230 percent more than that of Toyota ranking second by market value. Tesla and third-ranked BYD combined contributed to 41.4 percent of the total value of the 62 companies, demonstrating investors favor newcomers to...
Lotus Technologies' public offering is one of the latest EV-focused Special Purpose Acquisition Companies to have formed in recent years. This SPAC boom has quickly accelerated new automakers to the stock market, which in turn has helped investors in search of the next stock to produce what you...
Chinese AI pioneer iFlytek plans ChatGPT-related tech in its products and aims to support more Chinese EV companies going global By Li Panpan (JW Insights) Feb 23 -- Chinese artificial intelligence pioneer iFlytek is developing its ChatGPT-related technology and aims to support more export-...