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Xpeng
Electric vehicles
Xpeng soars after buying Didi unit to consolidate market
The HK$5.84 billion ($1.01 billion) all-stock deal will see Didi emerge with a 3.25% stake in Xpeng.
August 28, 2023
Electric vehicles
China's Guangdong province has more EV chargers than all of the US
Ubiquitous charging is also boosting electric car ownership. EV sales jumped 151% in the first half of the year.
October 23, 2022
IPO
EV maker Nio debuts in Hong Kong homecoming Listing
The Hong Kong listing is a hedge against the risk of being delisted from US exchanges.
March 10, 2022
IPO
Nio heads to Hong Kong for secondary listing, and eventually Singapore next
Nio's application to list on the SGX is "under review"
February 28, 2022
IPO
'China's Tesla' Nio mulling SGX secondary listing
In its September 2018 US IPO, Nio raised some US$1 billion by selling 160 million American depository shares at US$6.26 each.
January 30, 2022
Electric vehicles
Chinese EV maker Xpeng pushed to deeper losses as expenses rise
Xpeng President Brian Gu noted the company had "achieved strong growth momentum despite the challenges of semiconductor shortage."
November 23, 2021
Global Economy
Briefs: Xpeng to raise HK$14 bil in HK listing; Alibaba nears first big deal since antitrust fine
These are the highlights in the news this week.
July 02, 2021