Analysis: Tesla hikes electric car prices in U.S.; holds line in China
Tesla Inc (TSLA.O) showed signs of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
Chinese EV Maker Xpeng to raise $1.8 bln in Hong Kong listing
Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop its technology, by pricing its shares on Wednesday at HK$165 ($21.25) each in a Hong Kong dual primary listing.
