Why some Chinese are buying local electric car brands like Nio — instead of Tesla
- ByCNBC-
CNBC spoke to some Chinese consumers and asked why they bought electric cars from Tesla competitors Nio, Li Auto and Xpeng.
Symbol | Exchange | Currency |
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CNBC spoke to some Chinese consumers and asked why they bought electric cars from Tesla competitors Nio, Li Auto and Xpeng.
Nio Inc. gets deeper into a bear market but Wall Street is impressed by its sales goals and growing market share.
Shares of XPeng Inc. slumped 4.5% and Li Auto Inc. slid 2.4% in premarket trading Tuesday, after the China-based electric vehicle makers reported overnight February deliveries...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Buy |
Name | Last | High | Low | Chg. | Chg. % | Vol. | Time | ||
|---|---|---|---|---|---|---|---|---|---|
| 8.20 | 8.35 | 8.15 | -0.15 | -1.80% | 5.40M | Lagos | |||
| 31.50 | 31.50 | 30.90 | +0.50 | +1.61% | 7.69M | Lagos | |||
| 200.00 | 200.00 | 200.00 | -20.00 | -9.09% | 304.39K | Lagos | |||
| 25.65 | 25.85 | 25.50 | -0.15 | -0.58% | 48.10M | Lagos | |||
| 0.20 | 0.00 | 0.00 | +0.01 | +5.00% | 2.40M | Lagos | |||
| 0.36 | 0.00 | 0.00 | 0.00 | 0.00% | 0.00K | Lagos | |||
| 0.39 | 0.00 | 0.00 | -0.04 | -10.00% | 19.44M | Lagos | |||
| 5.05 | 5.05 | 5.05 | +0.150 | +3.06% | 23.84K | Lagos | |||
| 5.85 | 5.85 | 5.85 | +0.05 | +0.86% | 313.38K | Lagos | |||
| 5.25 | 5.25 | 5.25 | +0.45 | +9.38% | 396.82K | Lagos | |||
| 1.95 | 1.95 | 1.95 | +0.040 | +2.09% | 88.56K | Lagos | |||
| 0.50 | 0.00 | 0.00 | 0.0000 | 0.00% | 0.00K | Lagos | |||
| 1.20 | 1.20 | 1.20 | +0.08 | +7.14% | 2.90M | Lagos | |||
| 51.00 | 51.00 | 51.00 | -1.00 | -1.92% | 343.83K | Lagos | |||
| 7.75 | 7.95 | 7.75 | -0.25 | -3.13% | 2.13M | Lagos |
Li Auto Inc is a China-based holding company engaged in design, development, manufacturing and sales of smart electric sport utility vehicles (SUVs). The Company’s primary product is the SUVs under its brand Li ONE. It also sells peripheral products and provides related services, such as charging stalls, vehicle internet connection services and extended lifetime warranties. The Company operates its businesses through its subsidiaries and variable interest entities (VIEs) in China.