Your Daily Brief For May 25th

Your Daily Brief For May 25th

6 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at Chinese carmaker Xpeng's latest quarterly results.

"While its peers zoom ahead, Xpeng has found itself falling by the wayside in an ultra-competitive EV market: the firm reported a near-50% dropoff in deliveries last quarter."

Key takeaways:

  • Xpeng, the Chinese carmaker, posted disastrous results – and they don’t bode well for its future
  • UK inflation is getting used to singledom again, after finally returning to single digits


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