Xpeng Inc - ADR's (NASDAQ: XPEV) international expansion plans that were proceeding at a fairly rapid pace could face a setback if reports are to be believed.
Nio, Inc. (NYSE: NIO) is reportedly planning to build its vehicles in the U.S., the CnEVPost reported, citing an exclusive report from Shanghai-based Chinese media outlet Yicai.
Apple Inc (NASDAQ: AAPL) is reportedly asking its suppliers to speed up production as Chinese Premier Xi Jinping's Zero COVID policy hampers manufacturing business around the country.
Shanghai is emerging out of a six-week lockdown, although the easing of restrictions is being implemented gradually. Tesla Inc (NASDAQ: TSLA) has planned to take a measured approach with respect to Giga Shanghai reopening, according to a report.