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XPENG Announces Vehicle Delivery Results for September and Third Quarter 2024
GlobeNewswire News Room· 2024-10-01 05:00
Deliveries in September 2024 set a new monthly record of 21,352 units, a 39% increase year-overyear The first month of deliveries of XPENG MONA M03 exceeded 10,000 units in September 46,533 units delivered in Q3 2024, a 16% increase year-over-year GUANGZHOU, China, Oct. 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 delivery results for September and the third quarter 20 ...
Why XPeng Stock Spiked Higher Today
The Motley Fool· 2024-09-26 17:35
One Wall Street firm sees unit sales doubling over the next two years.Chinese companies have been a focus for investors in recent days. Shares of companies that do business in China have soared after the government announced fresh economic stimulus measures.Electric vehicle (EV) maker XPeng (XPEV 9.64%) is one likely beneficiary of those support measures. But there are other reasons that investors are becoming more bullish on XPeng. That helped the stock surge as much as 14% Friday morning. As of 1:30 p.m. ...
Why Chinese Stocks Like XPeng and Dada Nexus Were on Fire Today
The Motley Fool· 2024-09-24 21:50
Industrial companies and the finance sector in particular should feel the impact of lower interest rates and other new economy-boosting measures.There's nothing like a large-scale stimulus plan to stimulate the prices of affected financial assets. That was the dynamic behind the widespread rise of Chinese stocks on Tuesday following the announcement of a package of measures aimed at juicing that massive economy.Investors clearly weren't all that picky about the stocks they piled into to take advantage of th ...
XPENG to Unveil the Future of AI Mobility in Europe at Paris Motor Show 2024
GlobeNewswire News Room· 2024-09-19 08:03
PARIS, Sept. 19, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese AI mobility company, is set to participate in the Paris Motor Show 2024 from October 14th to October 20th. Showcasing under the theme “Enchanté, Paris!”1, XPENG will present a range of new technologies and solutions on Booth 6A51 in Hall 6, highlighting its commitment to intelligent, sustainable mobility solutions tailored for the European market. At the show, XPENG will unveil it ...
Why Is Xpeng Stock Down 50% This Year?
Forbes· 2024-09-05 11:00
BANGKOK, THAILAND - 2024/08/30: Visitors inspect a Xpeng G6 car during the Thailand Big Motor Sale ... [+] 2024 at Bangkok International Trade and Exhibition Center (BITEC). (Photo by Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesChinese luxury EV maker Xpeng delivered a total of 14,036 vehicles in August, up 2.5% compared to last year and up 26% versus last month. This puts the company’s year-over-year growth behind Li Auto which saw sales grow 38% to ...
XPENG Announces Vehicle Delivery Results for August 2024
GlobeNewswire News Room· 2024-09-01 09:00
GUANGZHOU, China, Sept. 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 delivery results for August 2024. XPENG delivered 14,036 Smart EVs in August, representing increases of 3% year-over-year and 26% over the prior month. In the first eight months of 2024, XPENG delivered 77,209 Smart EVs, a 17% increase from the same period last year. On August 27, 2024, XPENG held its ...
XPENG Launches MONA M03 and Showcases Technology Innovations at 10th Anniversary Gala
GlobeNewswire News Room· 2024-08-28 13:05
• Successful tape-out of “XPENG Turing,” XPENG’s self-developed chip with a 40-core CPU, which empowers AI vehicles, AI robots and eVOTLs • Roll out of next-gen AI-powered perception solution for smart driving, the “AI Hawkeye Visual Solution” or “Hawkeye,” which maximizes capabilities of end-to-end AI models • Announced 4-phase plan for "end-to-end" technology aimed to achieve an L3+ smart driving experience using L2 hardware within 18 months • Unveiled MONA M03, an intelligent, all-electric hatchback coup ...
XPeng Stock Should Get A Boost From ADAS Advances, Increased Exports, New EVs
Seeking Alpha· 2024-08-28 05:32
Wengen Ling Chinese electric vehicle maker XPeng (NYSE:XPEV) (OTCPK:XPNGF) has multiple, strong, positive catalysts. Among these drivers are the continuing enhancements of its advanced driver-assistance system (ADAS) and its growth in overseas markets. Given the tremendous potency that these drivers will likely have in the coming years and the low valuation of XPEV stock, I recommend that long-term investors buy the shares at this point. Impressive Q2 Results and Guidance XPeng reported very strong seco ...
Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car
CNBC· 2024-08-28 02:00
He Xiaopeng, founder of Chinese EV company Xpeng, said on Aug. 27 that the startup's next ten years will focus on integrating artificial intelligence.BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with prices starting as low as $16,812, far below that of Tesla's cheapest Model 3.The Chinese automaker said orders for the Mona M03 electric coupe exceeded 10,000 just 52 minutes after the car's formal launch in Beijing.Xpeng's U.S.-listed sh ...
Xpeng releases mass-market EV with basic driver-assist for less than $20,000
CNBC· 2024-08-27 14:30
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters' showroom in Guangzhou, China, on Aug. 26, 2024.CNBC | Evelyn ChengBEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models for less than $17,000.The basic version of the Mona M03 electric coupe will be listed at 119,800 yuan ($16,812), with a driving range of 515 kilometers (320 miles) and some parking assist features.A version of the Mona ...