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Top News In Peng Ju Today - Breaking & Trending Today

Xpeng Posts Wider Loss For Q2; Sees Higher Revenue For Q3; Stock Down In Pre-market

Xpeng Inc. (XPEV), a Chinese smart electric vehicles maker, on Friday reported a wider loss for the second-quarter of 2023, amidst a fall in revenue, particularly reflecting a decline in revenue from vehicle sales. ....

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XPeng Succumbed To Tesla's Price War But Rising Deliveries Provide Hints Of Recovery

XPeng Inc (NYSE: XPEV) issued its second quarter report that showed that the price war that Tesla Inc (NASDAQ: TSLA) recently rekindled took a toll on its margins. Upon the report that contained the EV maker’s greatest loss since going public, XPeng’s U.S. shares tanked 7% in pre-market trade. Besides its in-house issues, XPeng is facing intense competition not only from giants like Tesla and its main China rival BYD Company Limited (OTC: BYDDY) but also from other EV startups like Nio Inc (NYSE ....

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China's car companies are turning into tech companies

China has already won the race to electrify its vehicles. Now it’s pushing ahead and adding more features and services to attract new customers. ....

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Mumbai: Ahuja Builders Booked For Cheating 590 Homebuyers In Redevelopment Project In Sion

Mumbai: Ahuja Builders Booked For Cheating 590 Homebuyers In Redevelopment Project In Sion
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The race to lead China's autonomous driving market | MIT Technology Review

Electric vehicle makers and AI companies are taking Tesla FSD-like systems to China, but it’s still out of reach for most consumers. ....

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