Xpeng

Joining the index means they will have access to passive inflows from those ETFs that track the index.

Xpeng has been expanding its network of supercharging stations, and it has no information related to battery swap, at least for the currently planned models, it said.

The Xpeng G9 will use an 800-volt high-voltage SiC electric drive system, and Nio's soon-to-be-delivered ET7 also uses SiC chips.

Point72 increased its holdings in Xpeng by 695 percent in the fourth quarter, but sold all of its shares in Li Auto. It does not hold shares of Nio.

Greenwoods also bought an initial 14,285 shares of Tesla during the fourth quarter worth about $15 million. It does not hold any shares of Nio.

Xpeng will start small deliveries of the G9 at the end of August at the earliest, while large deliveries will start in September and reach 5,000 units in October, according to local media.

Xpeng has reached retail partnership agreements in the Netherlands and Sweden and will open its first self-operated experience store in Sweden this week, the company's first in the international market.

Information shared by Xpeng on Twitter suggests that it may be about to announce plans for expansion in Europe.

Mainland Chinese investors bought a net HK$762 million of Xpeng shares through the Hong Kong-Shenzhen Stock Connect today.

Given the accelerating penetration of EVs and the lack of high-quality listed EV names, there is large appetite for EV exposure in the mainland, said Edison Yu.