Shares of Xpeng Motors closed up 15.6% on Thursday after the Nasdaq-listed electric vehicle maker said it secured 31,528 firm reservations with non-refundable deposits of RMB 5,000 ($699.40) in just a few hours following the launch of the P7+ electric sedan in the Chinese market. The RMB 186,800 ($26,130) starting price of the P7+ is[…[…
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