Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car
XPEVXPENG(XPEV) CNBC·2024-08-28 10:00

He Xiaopeng, founder of Chinese EV company Xpeng, said on Aug. 27 that the startup's next ten years will focus on integrating artificial intelligence.BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with prices starting as low as $16,812, far below that of Tesla's cheapest Model 3.The Chinese automaker said orders for the Mona M03 electric coupe exceeded 10,000 just 52 minutes after the car's formal launch in Beijing.Xpeng's U.S.-listed sh ...