Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,602.02
    -1,615.94 (-3.22%)
     
  • CMC Crypto 200

    1,264.96
    -93.05 (-6.85%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

XMotors says employee did not pass along sensitive Apple info

BEIJING (Reuters) - Chinese-owned electric vehicle firm XMotors said on Wednesday that there is no indication that ex-Apple Inc worker Zhang Xiaolang ever communicated any sensitive information from Apple to XMotors.

Zhang, who most recently worked for XMotors, was charged with stealing trade secrets from Apple by U.S. authorities on Monday.

XMotors said the firm had terminated Zhang and is supporting local authorities to gather more details of the case. It said the company was informed of the investigation in late June.

XMotors is a wholly-owned U.S. subsidiary of China's Xiaopeng Motors.

(Reporting by Cate Cadell; editing by Jason Neely)