California Gas Car Ban Wins Biden Blessing in Clash With Trump
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.
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.
The Hottest Auto Stock Over the Last Six Weeks Is Not Tesla
Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
Xpeng Reportedly Considering Shelving Plans to Adopt Thor as Nvidia Chip Suffers Delays
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