Tesla's Chinese Rivals Xpeng, Li Auto, Nio Rise In Premarket Trading After Trump's 'Friendly Conversation' With Xi Jinping: '…We Have One Very Big Power Over China…I'd Rather Not Have To Use It'

Quick Summary:

U.S.-listed shares of Chinese EV startups Li Auto Inc.(NASDAQ:LI), Nio Inc.(NYSE:NIO), and Xpeng Inc.(NYSE:XPEV) rose as much as 3.2% in premarket trading on Friday after President Donald Trump said in an interview with Fox News that he would rather not use tariffs against China.

What Happened: Trump and Chinese President Xi Jinping had a phone call before the former took office on Monday.

In an interview with Fox News ...

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United StatesCanadaChinaMexico

Topics: NIO Politics Donald Trump XPEV LI EVs WIIM Electric vehicles News Benzinga Mobility Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 12:16:21 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 266 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25400855

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions