HomeAbout

TL;DR CNBC


China's Xpeng claims its latest EV model could be an industry 'game changer' - TL;DR CNBC

China's Xpeng claims its latest EV model could be an industry 'game changer'

Publishing timestamp: 2024-01-05 04:56:41


Summary

Chinese electric vehicle company Xpeng believes its newly launched X9 model could be a "game changer" for the industry. The company plans to roll out driver-assist technology in China and Europe and has entered into a cooperation agreement for the development of flying vehicles. Xpeng aims to increase market share and profit margins with its new launches and innovative technology. Competition in the Chinese EV market is intensifying, but Xpeng remains optimistic about the industry's growth in 2024.


Sentiment: POSITIVE

Tickers: 9868-HK1810-HK9866-HK175-HKNIOZE594-CN2015-HK

Keywords: autosxpeng inctechnologybusiness newsxiaomi corpbreaking news: technologybyd co ltdli auto incgeely automobile holdings ltdnio inc

Source: https://www.cnbc.com/2024/01/05/chinas-xpeng-claims-its-latest-ev-model-could-be-an-industry-game-changer.html


Developed by Leo Phan