Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Xpeng shares rose after the Chinese electric car company said prices for its new mass-market Mona brand would start as low as $16,812, far below that of Tesla.

The Chinese automaker said orders for the Mona M03 electric coupe exceeded 10,000 just 52 minutes after the car's formal launch Tuesday evening in Beijing.The Chinese automaker said orders for the Mona M03 electric coupe exceeded 10,000 just 52 minutes after the car's formal launch in Beijing.

Xpeng's U.S.-listed shares closed up 6.5% in New York trading on Tuesday, while its Hong Kong-traded shares rose nearly 2% early Wednesday morning. "With cars priced under $20,000, China is further cementing its new position as the world center for automotive manufacturing," Michael Dunne, founder and CEO of consulting firm Dunne Insights, said Wednesday on CNBC's"bought at least 1 million sharesThe total U.S. purchase was worth nearly $10 million, according to the filing, giving He about 18.8% of the company's total issued share capital.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 545. in BR

Brasil Últimas Notícias, Brasil Manchetes