Didi Sells Smart Car Arm to China's Xpeng

10:07pm, Sunday, 27'th Aug 2023
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for $744 million, exiting a promising business in the world's largest electric vehicle market. Linda Lew reports on Bloo
China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic partnership to launch a new car brand in 2024.
Flying taxi stocks are no longer in the realm of our futuristic dreams. Debut liftoff is sooner than you might expect.
For the third quarter, XPeng (XPEV) expects deliveries in the band of 39,000-41,000 vehicles, signaling a year-over-year increase of 31.9-38.7%.
Shares in Chinese automaker Xpeng Inc. (XPEV) were about 5% lower in early trading Friday after the company reported a larger-than-expected quarterly loss due to rising competition.
Hecla stock drops after Lucky Friday mine collapse Hecla Mining stock dropped just over 9% in Monday's trade as it warned that a collapsed shaft at the Lucky Friday mine, in Idaho, will dent productio
Yahoo Finance Live anchors Julie Hyman and Jared Blikre break down XPeng (XPEV) shares rising as the stock received an upgrade from Bank of America to "buy" from "neutral" at a $22 price target. The c
BofA Securities analyst Ming Hsun Lee upgraded XPeng stock to Buy from Hold, raising his price target to $22 from $16.30.

XPeng stock put recovery mode as BoA upgrades

06:06am, Monday, 21'st Aug 2023
Xpeng Inc (NYSE:XPEV) stock is in recovery mode, helped by an analyst upgrade, following last week's downbeat earnings report – which on Thursday showed a wider-than-expected net loss for its second
Xpeng is attempting to revive its business this year, after its share price sank by more than 80% in 2022
Brian Gu, co-president of the Chinese electric vehicle maker, discusses its second-quarter earnings and how the company plans to boost profitability.

Why Is XPeng (XPEV) Stock Down 6% Today?

10:36am, Friday, 18'th Aug 2023
XPeng (NYSE: XPEV ) stock is falling on Friday following the release of its earnings report for the second quarter of 2023. The bad news for investors in XPEV stock starts with its earnings per share
Markets looked likely to fall once again on Friday, extending a recent losing streak. XPeng shares fell after the Chinese EV maker released its latest financial results.
Chinese Tesla-challenger Xpeng Inc (NYSE:XPEV) saw its stock slide in Friday's premarket deals as it reported a wider-than-expected net loss for its second quarter. XPeng reported a net loss of 2.8 bi
Xpeng , on Friday forecast third-quarter revenue below analysts' expectations and reported a hit to margins following an inventory writedown, sending its U.S.-listed shares down 7% before the bell.
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