Chinese EV maker XPeng's stock soars on news of VW investment
Shares of XPeng Inc.
soared 13.4% toward an 11-month high in premarket trading Wednesday, after Germany-based Volkswagen Group XE:VOW VWAGY said it was investing $700 million in the China-based electric vehicle maker. Volkswagen’s stock fell 2% in Germany. The investment includes cooperation agreements between the VW brand and XPeng and between Audi and SAIC. Under terms of the investment, VW is taking a 4.99% stake in XPeng through the purchase of shares at $15 per American depositary share, which represents a 2.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
US to spend $700 million for oil and gas sector to cut methane emissionsThe U.S. government will provide up to $700 million in funding to monitor and reduce methane emissions from the oil and gas sector, setting aside half of the amount for grants to states, two agencies said on Monday.
Baca lebih lajut »
NBA players react to reported $700 million offer for soccer star Kylian Mbappé: ‘Wtf’PSG star Kylian Mbappé is one of the best footballers in the world and one team is reportedly willing to pay him $700 million for his services.
Baca lebih lajut »
2024 Volkswagen Jetta GLI limited edition celebrates 40 years of the GTI sedan - AutoblogLaunched in 1984, the Volkswagen Jetta GLI is celebrating its 40th birthday with a commemorative model that's limited to 1,984 units.
Baca lebih lajut »
Volkswagen Is Seeing Red with the 2024 Jetta GLI 40th Anniversary EditionAs an homage to the first model year, only 1984 examples will be produced for the United States.
Baca lebih lajut »
2024 Volkswagen Jetta GLI 40th Edition: Looks Can Be AppealingIt's limited to just 1,984 examples.
Baca lebih lajut »
2024 Volkswagen Jetta GLI 40th Anniversary Edition commemorates sporty sedanThe anniversary edition sports cosmetic changes, including '1984' badges.
Baca lebih lajut »