FAST NEWS: XPeng’s EV deliveries drop 21% in April
The latest: Electric vehicle (EV) maker XPeng Inc. (XPEV.US; 9868.HK) announced Tuesday that it delivered 7,079 EVs in April this year, down 21.4% from the same month of 2022. Looking…
Full Speed Ahead? Xiaomi’s Soaring EV Costs Raise Red Flag
The smartphone maker has posted lower revenue and adjusted profit in the third quarter, hit by falling product sales and prices. But its spending on a move into EV production…