XPeng Proposes EV Manufacturing Plant In Wuhan
XPeng Inc. XPEV 3.79% shares were trading solidly higher Thursday after the Chinese electric vehicle manufacturer announced an agreement to build an additional manufacturing plant.
What Happened: XPeng said it has entered into a cooperation agreement with the city of Wuhan in China's Hubei province to build an EV manufacturing base in the city, the company said in a statement.
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