Xpeng Ignites Share Surge with Affordable EV
In the bustling arena of electric vehicles (EVs), a shockwave was felt on Friday when shares of Xpeng, the Chinese EV manufacturer, skyrocketed more than 11%. The dramatic leap came after the company priced its latest innovation, the G6 sport utility vehicle, approximately 20% lower than Tesla’s Model Y in the Chinese market, reports Reuters.…