Phate Zhang

Xpeng Motors has applied to trade in Hong Kong under the ticker symbol "9868," saying the maximum offer price for the Hong Kong public offering will be HK$180 per share or US$23.19, which is equivalent to US$46.39 per ADS.

"The company currently has no such plan, there is demand from the market and consumers, and demand from partner dealers," China News Service quoted BYD as saying in response on Thursday.

Zeng Shuxiang, the CEO of XPT, said that the development marks the completion of all key technology development and engineering validation work for its silicon carbide electric drive products.

Pony.ai has reportedly jumped on the car-building bandwagon, and the design director of Xpeng Motors appears to be the first major executive it has poached.

Chinese electric vehicle company Xpeng Motors has passed its listing hearing at the Hong Kong Stock Exchange, a filing shows.

The global dominance of electric vehicles will arrive in 2033, five years earlier than previously expected, according to a new study by Ernst & Young.

New energy vehicles have been one of the most discussed topics in China over the past year, and in the view of analysts, their replacement of traditional fuel vehicles is proceeding at a high rate.

Xpeng Motors has received approval from the Hong Kong Stock Exchange to list there, raising $1.1 billion in capital, the South China Morning Post reported Wednesday.

Its performance is more powerful than Tesla's Model S Plaid, which has just begun deliveries, with a 0-100km/h acceleration time of 2.1 seconds and a top speed of 322km/h.

After shaking off the effects of last year's Covid-19, deliveries by China's major new car makers have all come to normal levels, putting them close to last year's full-year deliveries for the first five months.