Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted.
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General Motors announced Tuesday that it is delaying scaled-up production of its full-size electric pickups for a whole year, to late 2025. That extra year of time, idling GM’s Orion Assembly in Michigan, won’t be filled by additional production of the Chevy Bolt EV and Bolt EUV, however. Those models are still due to go out of... 