News Snapshot:
Xpeng Motors ( XPEV ) seeks to raise capital in a Hong Kong listing while looking to vastly expand its lineup of electric vehicles and bring a key new EV to market by year end. Xpeng stock jumped. X The China-based EV maker received a nod for a Hong Kong initial public offering, the Wall Street Journal said , citing a source. China's Nio ( NIO ) rival targets a July debut and aims to raise up to $2 billion. Xpeng IPO'd in the U.S. last August as Tesla ( TSLA ) stock was in the midst of a huge...
