US Stock Market Move | Central Europe electric vehicle negotiations make progress, Xpeng (ZK.US) rises over 7%

On Monday, ZK.US rose by 7.23% to $21.81. In recent news, according to reports from "Yuyuantan Tian" under CCTV, the China-EU technical team conducted five rounds of negotiations in Beijing from November 2nd to 7th on the specific content of the EU's anti-subsidy case against Chinese electric vehicles. They made significant progress through in-depth discussions. After the negotiations, both China and the EU mentioned in press releases that progress had been made. Following the negotiations, China and the EU have reached a "technical consensus", especially in terms of price commitment framework and agreement enforcement mechanisms.