China’s Xpeng muscles through chip crunch with rising deliveries
Xpeng Inc. gained in New York trading after the Chinese electric-vehicle maker sold more cars than expected in the third quarter, evading much of the supply-chain snarls weighing on other automakers. The Guangzhou-based company, which is listed in the U.S. and Hong Kong, said Tuesday revenue climbed to 5.7 billion yuan ($892 million), beating average analyst expectations of 5.2 billion yuan. Xpen