XPENG Inc is expected to be the first smart electric vehicle stock listed on the Hong Kong Stock Exchange. At the same time, the company will also become the first dual primary listing Chinese concept stock in both the US and Hong Kong this year. XPENG Inc’s listing in Hong Kong will allow investors in mainland China to share in the company’s growth and enhance public recognition of its brand. Related links: https://en.xiaopeng.com/news/news_info/3875.html .
The latest statistics from the China Association of Automobile Manufacturers show that by the end of May this year, China had about 5.8 million new energy vehicles, accounting for about 50% of the global total of new energy vehicles. As of April 2021, China has built 65,000 charging stations, 644 switching stations, 1.87 million charging piles of various types, and a highway fast-charging network covering 176 cities and more than 50,000 kilometers.
After more than 10 years of development, China’s new energy vehicle industry chain upstream and downstream effectively through the battery, motor, electric control and other core technologies to achieve independent control, the overall level of industrial development in the international forefront.
At the same time, the supporting environment for new energy vehicles is becoming more and more perfect. In recent years, a number of China-concept high-tech stocks have landed on NASDAQ, such as XPENG Inc, Li Auto Inc, PinDuoDuo, etc., representing the growing investment enthusiasm of global investors in the fast-growing Chinese high-tech sector. About MobiusTrend MobiusTrend Group is a leading market research organization in Hong Kong.
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