July 25, 2024, 9:09 p.m.
Nio, XPeng, Li Auto Benefit From China's Increased Vehicle Subsidies
China boosts stimulus program by $41.5 billion to boost retail spending. Stocks of NIO, XPeng, and Li Auto rise. PBOC signals potential monetary stimulus.
Nio, XPeng, Li Auto Benefit From China's Increased Vehicle Subsidies
China boosts stimulus program by $41.5 billion to boost retail spending. Stocks of NIO, XPeng, and Li Auto rise. PBOC signals potential monetary stimulus.