He Xiaopeng, the founder and CEO of Chinese smart electric vehicle (EV) maker Xpeng Motors, announced he was buying back 2.2 million of the firm’s American depositary shares, as its new SUV launch boosts confidence for future profitability after months of downward pressure on the stock. He bought the ...
View more: CEO of Chinese EV maker Xpeng buys back 2.2 million shares as new SUV model expected to boost sales, profitability