Xpeng files for listing on New York Stock Exchange
Filed under: Earnings/Financials,Green,Misc. Automakers,Electric
Chinese electric vehicle (EV) maker Xpeng Inc, backed by Alibaba and Xiaomi Corp , has filed to list its shares in New York, seeking to ride enthusiasm for EVs even as U.S.-China relations are strained. The move, announced on Friday, comes as share prices of EV makers including Tesla Inc and Nio Inc have surged in recent months. Shares in Xpeng rival Li Auto Inc soared more than 50% following its debut on Nasdaq on July 30, after the Chinese automakerContinue reading Xpeng files for listing on New York Stock Exchange
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