Chinese EV Stocks Led the Sector Cheering up in Premarket Trading; XPeng Jumped Over 6% and Surged Nearly 40% in 3 Days

Tiger Newspress2023-07-28

Chinese EV stocks led the sector cheering up in premarket trading; XPeng Inc. jumped over 6% and surged nearly 40% in 3 days.

Volkswagen AG plans to invest $700 million in XPeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.

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Kennoobie
2023-07-28
Kennoobie
Perfect storm!

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