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China's EV troika marches to Wall Street as Xpeng joins listing wagon

Tesla aspirant surges over 50% on trading debut after $1.5bn upsized offering

HONG KONG/NEW YORK -- The three leaders on China's electric-vehicle scene are now all trading in the U.S. after Xpeng Motors' blockbuster listing Thursday on the New York Stock Exchange, defying Sino-American tensions.

The Chinese startup opened 54% higher on its first trading day amid strong demand, after raising $1.5 billion -- more than it had originally sought -- in an initial public offering.

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