The most recent trading session ended with XPeng Inc. Sponsored ADR (XPEV) standing at $12.90, reflecting a +1.9% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.61%. At the same time, the Dow added 0.97%, and the tech-heavy Nasdaq gained 0.33%.The company's shares have seen an increase of 46.87% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 1.18% and the S&P 500's gain of 5.36%.The investment community will be paying close attention ...

I am initiating coverage on XPeng (NYSE: XPEV ) stock with a “ Buy ” rating and an investment horizon of 24 months. I believe that there are challenges that the company needs to address. However, the business developmentsAnalyst’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 (oth ...

On Wednesday, most electric vehicle stocks experienced declines. However, XPeng (XPEV, Financial) rose over 1.4%, and Rivian Automotive (RIVN) saw an increase of over 3%. On the contrary, NIO (NIO) fell more than 2.4%, Li Auto (LI) dropped over 4.7%, and Tesla (TSLA) saw a slight decline.In related news, XPeng has scheduled the debut of its new P7+ model for October 10. This vehicle is touted as the world's first AI car and is positioned as a 300,000 yuan-class SUV coupe. According to XPeng, the car will fe ...

TIANJIN, CHINA - OCTOBER 3, 2024 - Visitors look at the XPENG AEROHT "Traveler X2" electric flying ... [+] Aircraft at the 2024 China (Tianjin) International Auto Show in Tianjin, China, Oct 3, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty ImagesChinese luxury EV maker Xpeng delivered a record 21,352 vehicles in September, up 39.5% year-on-year and up 52% from August. Xpeng’s total year-to-date sales stand at about 98,561 vehicles, up 21% versus l ...

JPMorgan Chase has significantly increased its investment in Chinese assets, acquiring a considerable amount of stock in several major companies. According to the Hong Kong Stock Exchange data, the firm expanded its stake in XPeng Inc. (XPEV, Financial) by approximately HKD 639 million, raising its holding from 4.57% to 5.35%. Additionally, it increased its investment in Boss Zhipin by about HKD 138 million, elevating its stake from 9.88% to 10.05%. The investment bank also boosted its holdings in Zijin Min ...

JPMorgan Chase has significantly increased its investment in Chinese assets, acquiring a considerable amount of stock in several major companies. According to the Hong Kong Stock Exchange data, the firm expanded its stake in XPeng Inc. (XPEV, Financial) by approximately HKD 639 million, raising its holding from 4.57% to 5.35%. Additionally, it increased its investment in Boss Zhipin by about HKD 138 million, elevating its stake from 9.88% to 10.05%.The investment bank also boosted its holdings in Zijin Mini ...

Deutsche Bank research analyst Bin Wang has expressed confidence in Xpeng's (XPEV, Financial) ability to sustain robust sales throughout the remainder of the year. Wang highlighted that Xpeng's vehicle deliveries in September saw a substantial year-over-year increase of 39%, marking the highest monthly delivery figure since the company's inception. This surge was primarily driven by strong market demand for the Mona M03 model.Wang projects that Xpeng will deliver 11,000, 15,000, and 20,000 units of the M03 ...

Gu Hongdi, Vice Chairman and President of Xpeng Motors (XPEV, Financial), announced that the company aims to enter the European market with a focus on bringing its advanced technology rather than offering low-cost alternatives. Speaking at the Global Dialogue Conference in Berlin, Gu emphasized that Xpeng's offerings are based on the value proposition of quality, design, and technology. He reiterated the company's commitment to penetrating the European automotive market. ...

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 ...

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. ...