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Chinese Electric Vehicle Stocks Rise as Deliveries Jump in October
Investopedia· 2024-11-04 14:00
Key TakeawaysU.S.-listed shares of a number of Chinese electric vehicle manufacturers rose Monday after October sales rose from last year.Deliveries from BYD, Li Auto, XPeng, and Nio all rose from the same time last year, while Tesla's China-made vehicle sales fell from last year.Tesla stock fell Monday morning, while the others all rose. Investors on Wall Street were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released Octobe ...
XPENG Announces Vehicle Delivery Results for October 2024
GlobeNewswire News Room· 2024-11-01 08:30
23,917 vehicles delivered in October 2024, a new monthly record and a 20% increase year-over-yearDeliveries of XPENG MONA M03 exceeded 10,000 units for the second straight monthXPENG has become the only Chinese automaker to deliver industry-leading urban ADAS that does not rely on HD maps or LiDARs GUANGZHOU, China, Nov. 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 its vehicle del ...
XPENG to Launch P7+ AI-Defined Smart Electric Fastback Sedan on November 7, 2024
GlobeNewswire News Room· 2024-10-31 13:05
GUANGZHOU, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, will officially launch the XPENG P7+, the highly anticipated AI-defined smart electric fastback sedan, on Thursday, November 7, 2024. Live Broadcast from China - English Replay Available The live broadcast of the XPENG P7+ Launch Event will begin on Thursday, November 7, with an English-language replay available on Thursday, Nov ...
XPENG to Host 2024 XPENG AI Day
GlobeNewswire News Room· 2024-10-31 13:00
GUANGZHOU, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, will host its XPENG AI Day event on Wednesday, November 6, 2024. An English-language replay will be available on Wednesday, November 13, 2024. At this year’s XPENG AI Day, XPENG will share on the latest breakthroughs and development roadmap of XPENG AI technology, including large AI models, autonomous driving, robotics, and flyi ...
XPENG Now on Fortune China's "Tech 50" and "China 500" Lists
GlobeNewswire News Room· 2024-10-30 10:30
XPENG ranked among the "Fortune Tech 50" and "Fortune China 500" lists for leading AI mobility innovation SHANGHAI, China, Oct. 30, 2024 (GLOBE NEWSWIRE) -- XPENG, a leading Chinese high technology car company, is proud to announce that it has secured places on both the "Fortune Tech 50" and "Fortune China 500" lists. The placings were announced during the Fortune China "Tech 50 Innovation Night" and "2024 Fortune China 500 Summit" on October 16 and 17, hosted in Shanghai. XPENG is glad to receive these est ...
XPENG Announces Motor Distributors Limited as Official Distributor in Ireland
GlobeNewswire News Room· 2024-10-29 10:00
XPENG strengthens its European commitment with an official entry into the Irish market, another key right-hand drive market.The XPENG G6, the ultra smart coupe SUV, will lead XPENG's launch in Ireland, bringing cutting-edge technology and AI-defined mobility to Irish drivers.XPENG’s partnership with MDL signals a long-term investment in bringing sustainable and AI-defined mobility solutions to the global markets. DUBLIN, Oct. 29, 2024 (GLOBE NEWSWIRE) -- XPENG, a leading Chinese hi-tech car company, is plea ...
XPENG to Report Third Quarter 2024 Financial Results on Tuesday, November 19, 2024
GlobeNewswire News Room· 2024-10-29 09:00
GUANGZHOU, China, Oct. 29, 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 that it will report its third quarter 2024 unaudited financial results on Tuesday, November 19, 2024, before the open of U.S. markets. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on November 19, 2024 (9:00 PM Beijing/Hong Kong Time on November 19, 2024). For particip ...
XPeng Inc. Sponsored ADR (XPEV) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-10-23 23:20
In the latest trading session, XPeng Inc. Sponsored ADR (XPEV) closed at $11.16, marking a +1.09% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.92%. At the same time, the Dow lost 0.96%, and the tech-heavy Nasdaq lost 1.6%.Shares of the company have appreciated by 3.18% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 8.42% and the S&P 500's gain of 2.68%.The investment community will be paying close attention to the ear ...
XPeng: The Pullback Is Almost Complete - Nearing The Buy Zone
Seeking Alpha· 2024-10-18 18:00
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.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 ...
Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs
CNBC· 2024-10-15 05:11
Chinese electric vehicle maker Xpeng remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs, according to a top company official."Our plan for Europe is a very long term one," Brian Gu, Xpeng's vice chairman and co-president, told CNBC's Charlotte Reed Monday at the Paris Motor Show.Reflecting on the EU's decision to adopt higher tariffs on Chinese EV imports, Gu said that this has put "a lot of pressure" on its business model.However, he added that the fir ...