In the closing of the recent trading day, NIO Inc. (NIO) stood at $5.24, denoting a -0.19% change from the preceding trading day.
On Tuesday, Xpeng Inc (NYSE: XPEV) reported its first fiscal quarter results that showed it did a great job of narrowing its loss on the back of higher EV deliveries and improved margins. Upon the results, XPeng’s shares rose 13%. First Quarter Highlights For the quarter ended in March, revenue soared 62.3% to 6.55 billion yuan, which amounts to about $905.21 million, surpassing LSEG estimate of 6.17 billion yuan. The adjusted loss per share amounted to 1.45 yuan, which is better than the consen
EV makers like Nio, Xpeng and Tesla were among the most actively traded stocks on May 21. While upbeat earnings from Xpeng boosted the stock. increased activities in the industry probably put the spotlight on other EV makers.