Chinese language EV maker Xpeng expects value cuts, Volkswagen deal to slender losses

A XPeng Inc. G6 electrical sport utility vehicle (SUV). Qilai Shen | Bloomberg | Getty Photos Xpeng expects worth cuts and its Volkswagen partnership to slender the company’s losses, the Chinese language EV maker knowledgeable CNBC in an distinctive interview on Monday. On Friday, the company logged its best quarterly loss since its U.S. itemizing […]

Chinese language authorities try to revive flagging economic system amid contagion fears

Chinese language authorities have unveiled modern measures geared towards propping up investor confidence inside the nation’s stock market. The essential securities regulator, the China Securities Regulatory Fee, said it is going to introduce plenty of measures aimed making it less complicated to commerce. These embrace cuts within the worth of shopping for and promoting, via […]