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Express News | Xpeng delivered 10,668 vehicles in June, a YoY growth of 24% and MoM growth of 5%.
Chinese Electric-Vehicle Makers Log Double-Digit Delivery Gains for June
U.S. stock market anomaly: electric vehicle sector rose collectively, with Tesla, NIO Inc, and Li Auto Inc all up over 6%.
On July 2, the US new energy vehicle sector collectively rose, with Tesla up more than 6%, Rivian up nearly 4%, Nio Inc and Li Auto Inc both up more than 6%, and Xpeng up more than 5%. In terms of news, Tesla announced a brand-new car purchase finance policy in China. For the 1-5 year zero-interest and low-interest preferential car purchase policies launched for the Model 3/Y standard range version, the daily supply starts as low as RMB 85. In addition, the sales volumes of Nio Inc and Li Auto Inc for June are available now, and both have achieved high double-digit year-on-year growth.
US stock market closed | Nasdaq hit another record high! Tesla rose more than 6%, while Nvidia fell more than 3.5% before bouncing back.
After rising by 1.6%, the China concept index saw its gains halved, with NIO Inc and Li Auto Inc rising by about 6.7%, and Xpeng rising by over 5%.
What Happened With Tesla Stock Today?
Benzinga Market Summary: Cruise Stocks Fall On Hurricane Beryl, Supreme Court Rules On Trump Presidential Immunity, China EV Companies Report Deliveries