Key TakeawaysXPeng and Volkswagen will work together to build a network of electric vehicle charging stations in China. The two carmakers expect to produce more than 20,000 charging units to be installed in 420 cities.XPeng and Volkswagen plan to look into making more strategic collaborations. Chinese electric vehicle (EV) maker XPeng (XPEV) and Volkswagen's China unit on Monday struck a deal to produce super-fast charging stations there. XPeng said the agreement calls for the building of more than 20,000 c ...

Strategic Collaboration - XPENG and Volkswagen Group China have entered into a memorandum of understanding (MOU) to jointly build one of the largest super-fast charging networks in China [1] - The collaboration will involve over 20,000 charging piles across 420 cities in China, accessible to customers of both companies [2] - Both parties will explore the possibility of building co-branded super-fast charging stations to accelerate network expansion and improve operational efficiency [3] XPENG Overview - XPENG is a leading Chinese smart electric vehicle (Smart EV) company headquartered in Guangzhou, with R&D centers in Beijing, Shanghai, Shenzhen, Zhaoqing, and Yangzhou [4] - The company has established a global presence with an R&D center in the United States and branches in Europe [4] - XPENG focuses on full-stack independent R&D of intelligent assisted driving software and core hardware development [4] - The company was listed on the New York Stock Exchange on August 27, 2020, and on the Hong Kong Stock Exchange on July 7, 2021, becoming the first Chinese NEV manufacturer with dual primary listings [5][6] Volkswagen Group China Overview - Volkswagen Group China is one of the first and most successful international partners in the Chinese automotive industry, with a history dating back to 1978 [7] - The group has established joint ventures such as SAIC VOLKSWAGEN and FAW-Volkswagen, and in 2017, it founded Volkswagen (Anhui) Automotive Company Limited, focusing on NEVs [7] - In 2023, Volkswagen Group China and its joint ventures delivered over 3.23 million vehicles in China and employed around 90,000 people [7] Collaboration Impact - The strategic collaboration marks the fourth milestone in the long-term partnership between XPENG and Volkswagen Group China [3] - Both parties plan to explore further strategic collaboration opportunities, broadening technology collaborations and strengthening their win-win partnership [3]

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

XPENG Rolls Out Global OTA Update XOS 5.4: What's New? XPENG announces the global release of its latest OTA software update, XOS 5.4, bringing advanced intelligent driving features, enhanced safety tools, and personalized experiences to users worldwide.The update introduces the "AI Guard" system and Personalized Operating System 2.0 to enhance driving awareness and road safety.The XPENG Assistant now supports voice control in multiple languages, including English, French, German, Cantonese, and Thai ...

36,695 units delivered in December 2024, an 82% increase year-over-yearMONA M03 surpassed 10,000 deliveries for fourth consecutive month91,507 units delivered in Q4 2024, a 52% increase year-over-year, exceeding upper end of quarterly guidance range for Q4190,068 units delivered for the full year 2024, a 34% increase year-over-year GUANGZHOU, China, Jan. 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) compan ...

World-class safety performance reaffirms XPENG's commitment to occupant and road user protection GUANGZHOU, China, Dec. 10, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese high-tech car company, proudly announces that its electric ultra-smart coupe SUV, the XPENG G6, has achieved a prestigious five-star safety rating from the Australasian New Car Assessment Program (ANCAP). This high rating underscores exceptional safety performance across key ...

30,895 units delivered in November, up 54% year-over-yearMONA M03 surpassed 10,000 deliveries for third consecutive monthP7+ launch drives strong delivery momentum GUANGZHOU, China, Dec. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced record-breaking vehicle delivery results for November 2024. XPENG delivered 30,895 Smart EVs in November 2024, representing growth of 54% year-over-yea ...

2024 年 11 月 22 日 汽车汽配: 超配 证券研究报告 / 评级更新报告 小鹏汽车 (XPEV US, 买入, 目标价: US$16.70) 买入 搏有 盘出 "大产品周期+AI"构筑核心竞争力，上调至买入评级 • 3Q24 汽车销售毛利率环比增长 2.6 个百分点，M03 和 P7+共同开启大产品周期。 • 2025 年将发布 4 款新车并开始采用"鲲鹏超级电动系统"，三季度海外市场销售环 比增长 70%，占总销售额 15%。 • 上调目标至 16.70 美元（1.5 倍 2025 年 P/S），上调至"买入"评级。 3Q24 毛利率环比显著增长，大产品周期到来：根据小鹏汽车 3Q24 财报，得益于 MONA M03 上市后的良好市场反馈及产能的迅速提升，小鹏在三季度实现收入人民币 101.0 亿 元，其中汽车销售收入 88.0 亿元，环比增长 29.0%。基于财报中披露的三季度交付量，我 们测算小鹏 3Q24 单车收入为人民币 18.9 万元，环比下降约 2.6 万元，主要由于低价 M03 车型交付占比提升所致。然而，即使平均单车收入下滑，当季汽车销售毛利率仍环比增长 2.6 个百分点至 8.6 ...

2024 年 11 月 24 日 公司研究 毛利率持续爬坡，看好车型周期与智能化同步兑现 ——小鹏汽车（XPEV.N）2024 三季度业绩点评报告 要点 买入（维持） 3Q24 业绩符合预期：3Q24 小鹏汽车总收入同比+18.4%/环比+24.5%至 101.0 亿元，毛利率同比+18.0pcts/环比+1.3pcts 至 15.3%，Non-GAAP 归母净亏损 同比-45.1%/环比+25.5%至 15.3 亿元，总体表现符合预期。 3Q24 毛利率持续修复，爬坡前景向好：1）汽车收入同环比+12.1%/+29.0%至 88.0 亿元（ASP 同环比-3.6%/-16.3%至 18.9 万元，交付量同比+16%/环比+54% 至 4.7 万辆），汽车业务毛利率同比+14.7pcts/环比+2.2pcts 至 8.6%。2）服务 与其他业务收入同环比+91%/+1%至 13.1 亿元，与大众合作的逐步兑现带动服 务与其他业务毛利率同环比+24.0pcts/+5.9pcts 至 60.1%（3Q24 与大众合作 EEA 架构开始部分计提）。3）R&D 费用率同比+0.9pcts/环比-1.9pcts 至 1 ...

XPeng Inc. (NYSE: XPEV ) has been one of the best-performing EV stocks recently. The stock has largely recovered from its early year selloff, more than doubling in value since August lows, before it recently pared someAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...