Chinese automaker Geely has ignited controversy with a $2.2 billion bid to privatize its premium electric vehicle subsidiary Zeekr $ZK. The offer, aimed at integrating Zeekr more closely with Geely Auto $0175.HK, has been challenged by prominent institutional investors, who claim the valuation significantly undervalues Zeekr’s growth potential and market positioning in the luxury EV segment.
Xpeng Inc $XPEV, a leading Chinese electric vehicle (EV) manufacturer, has announced plans to integrate its cutting-edge 5C fast-charging technology and advanced smart driving systems into its mainstream vehicle lineup. The move reflects the company's commitment to enhancing its competitive edge in the increasingly crowded Chinese EV market.
Amid escalating trade tensions between the United States and China, Xpeng (9868.HK), a notable Chinese electric vehicle manufacturer, is re-evaluating its supply chain strategies. Increasing tariffs and evolving international trade dynamics are pushing the company to explore new ways to safeguard its operations and ensure continued business stability.
Recent developments in global trade have again highlighted the vulnerability of supply chains. Xpeng, a prominent Chinese electric vehicle manufacturer, has emphasized its commitment to tight oversight following the introduction of new U.S. tariffs under the Trump administration. Mounting tension in U.S.-China relations adds to the uncertainty, demanding swift decisions and flexible strategies.
China's electric vehicle market is demonstrating remarkable resilience in the face of national economic stagnation and increased tariffs from the United States and the European Union. Companies like Xiaomi Corp., Geely Automobile Holdings Ltd., NIO Inc., and Xpeng Inc. are showing impressive results, suggesting that the electric vehicle sector can not only adapt but also thrive amid global economic uncertainty.
Chinese electric vehicle manufacturer Xpeng is boldly expanding into new technological frontiers by developing humanoid robots. At the recent parliamentary session, CEO He Xiaopeng announced that the company is prepared to invest up to 100 billion yuan (approximately US$13.80 billion) in this emerging field. Although current investments are modest, they are seen as the initial steps of a long-term strategy expected to extend over the next two decades.
Recent market developments have seen a significant drop in the share prices of major Chinese automakers such as Xpeng $9868.HK and Geely Auto $0175.HK. These declines have come amid heightened concerns that these companies may struggle to compete with BYD, which is now offering advanced driver assistance features at no additional cost in nearly all its models. The aggressive move by BYD is reshaping industry expectations and may spark a fresh round of price competition in the Chinese electric vehicle (EV) sector.
Recent movements in the stock market have highlighted significant volatility among major Chinese automotive manufacturers. Shares of Xpeng $9868.HK and Geely Auto $0175.HK saw sharp declines on Tuesday amid growing concerns that they might struggle to compete with BYD, which now offers intelligent driving features in nearly all its models free of charge. Meanwhile, BYD's shares have climbed by 0.9%, reaching a record high and reinforcing their market leadership.
