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Chinese EV Billionaire He Xiaopeng s Xpeng Wins Volkswagen Support Amid Turnaround Efforts
Shares of the dual-listed company jumped more than 30% in morning trading in Hong Kong on Thursday after surging as much as 40% in New York overnight.
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Xpeng EV Price Hike To Happen as Battery Component Costs Increase
Xpeng EV price hike is now expected to happen because of the cost increases experienced by essential battery components. The EV price change can reach up to $3,000.
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