Xpeng Ships 2nd Batch of G6 SUVs to Australia, Opens 1st Local Flagship Showroom

CnEVPostDec 20 06:33 ET

Xpeng Sees P7+ Deliveries Accelerate as Eve Energy Adds Battery Capacity

CnEVPostDec 20 04:03 ET

The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.

U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.

wallstreetcnDec 19 18:26 ET

California Gas Car Ban Wins Biden Blessing in Clash With Trump

BNN BloombergDec 18 10:00 ET

US stock market movement | The company announced patents related to humanoid Siasun Robot&Automation which can enhance dynamic stability. Xpeng Motors (XPEV.US) rose over 4%.

On Tuesday, Xiaopeng Autos (XPEV.US) rose by more than 4%, reaching $12.93.

Zhitong FinanceDec 17 10:36 ET

Countdown to "Double New" subsidies: local governments and car companies are both making efforts as the end of the year approaches, and the car market enters the sprint phase.

According to data from the Ministry of Commerce, as of December 13, 2024, the "Double New" subsidy policy has driven Passenger Vehicle sales to exceed 5.2 million units, including over 2.51 million units from scrapped vehicles and over 2.72 million units from replacement vehicles. Meanwhile, many local governments have intensified efforts to implement policies to promote Consumer spending on Autos.

cls.cnDec 17 03:51 ET