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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
Trump Transition Team Proposes EV Policy Rollback
Xiaopeng Autos-W (09868.HK) received Shareholding of 2.6528 million shares from JPMorgan.
According to the latest equity disclosure information from the stock exchange on December 16, 2023, on December 9, 2024, XPeng Motors-W (09868.HK) had its shareholding increased by JPMORGANCHASECO by 2.6528 million shares at an average price of 50.6544 Hong Kong dollars per share, involving approximately 0.134 billion Hong Kong dollars. After the increase, the latest number of shares held by JPMORGANCHASECO is 78,521,608 shares, with the shareholding ratio rising from 4.89% to 5.06%.
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.