CnEVPost Newsletter: XPeng's big day
XPeng becomes first EV maker to be included in Hong Kong-Mainland stock connect - CnEVPost — cnevpost.com With the inclusion in the list, investors in the Chinese mainland will be able to trade XPeng's stock more easily.
XPeng becomes 8th most traded stock in HK-Mainland connect on first day of inclusion - CnEVPost Mainland Chinese investors bought a net HK$762 million of XPeng shares through the Hong Kong-Shenzhen Stock Connect today.
Deutsche Bank on XPeng's stock connect inclusion: First through the door - CnEVPost 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.
Barclays initiates coverage of NIO, XPeng, Li Auto with Overweight ratings - CnEVPost Barclays gives NIO a price target of $34, XPeng $45 and Li Auto $38.
Sinopec invests in NIO Capital's portfolio company that produces carbon fiber materials - CnEVPost Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.
Zeekr's cumulative deliveries exceed 10,000 units - CnEVPost Zeekr's cumulative deliveries were 9,537 units as of the end of January.
Alibaba-backed AutoX's Robotaxi fleet reaches 1,000 vehicles - CnEVPost The number has surpassed its US counterparts, with Alphabet's Waymo's Robotaxi fleet of about 800 vehicles.
Chongqing Sokon sells 3,520 NEVs in Jan, up 176% year-on-year - CnEVPost Chongqing Sokon, Huawei's key partner in the automotive sector, saw its NEV sales drop 42.8 percent in January compared to 6,150 units in December.
Volvo reportedly plans to use large die-casting process at China plants - CnEVPost Volvo Cars announced yesterday that it will invest $1.1 billion in upgrades to its plant in Sweden, a key one of which is the introduction of a large casting process.
Xiaomi testing feature similar to Apple CarPlay called CarWith - CnEVPost CarWith allows users to connect their phone's system to their cars so they can use the phone's navigation, music, and calling functions on the car's center console.