XPENG(XPEV)
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XPEV Stock Alert: XPeng Expands EV Relationship with Volkswagen
Investor Place· 2024-07-22 14:46
XPeng (NYSE:XPEV) stock is getting a boost on Monday after the electric vehicle (EV) company announced an expansion to its relationship with Volkswagen (OTCMKTS:VWAGY).XPeng and Volkswagen have reached a master agreement for their work together on electrical/electronic architecture (E/E Architecture). This will have them developing E/E Architecture locally-produced vehicles based on Volkswagen’s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform.This has them setting up Project House ...
XPeng Inc. Sponsored ADR (XPEV) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-07-19 23:21
The most recent trading session ended with XPeng Inc. Sponsored ADR (XPEV) standing at $8.45, reflecting a +1.2% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.71%. Meanwhile, the Dow experienced a drop of 0.93%, and the technology-dominated Nasdaq saw a decrease of 0.81%.Shares of the company have appreciated by 11.63% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 18.22% and outperforming the ...
Does XPeng (XPEV) Have the Potential to Rally 37.99% as Wall Street Analysts Expect?
ZACKS· 2024-07-17 14:56
XPeng Inc. Sponsored ADR (XPEV) closed the last trading session at $8.95, gaining 19.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $12.35 indicates a 38% upside potential.The average comprises 11 short-term price targets ranging from a low of $7 to a high of $18.70, with a standard deviation of $4.78. While the lowest estimate indicates a decline of 21.8% from the current pric ...
XPENG Announces Vehicle Delivery Results for June and First Half 2024
Newsfilter· 2024-07-01 09:00
GUANGZHOU, China, July 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for June and first half of 2024. In June, XPENG delivered 10,668 Smart EVs, representing a 24% increase year-over-year and up 5% over the prior month. This month the XPENG X9's deliveries reached 1,687 units, with its cumulative total up to 13,143 units just half a year after its launch, maintaining i ...
XPENG Announces Vehicle Delivery Results for June and First Half 2024
GlobeNewswire News Room· 2024-07-01 09:00
GUANGZHOU, China, July 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 June and first half of 2024. In June, XPENG delivered 10,668 Smart EVs, representing a 24% increase year-over-year and up 5% over the prior month. This month the XPENG X9’s deliveries reached 1,687 units, with its cumulative total up to 13,143 units just half a year after its launc ...
Wall Street Analysts See a 62.99% Upside in XPeng (XPEV): Can the Stock Really Move This High?
ZACKS· 2024-06-27 14:55
XPeng Inc. Sponsored ADR (XPEV) closed the last trading session at $8.24, gaining 0.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.43 indicates a 63% upside potential.The mean estimate comprises 13 short-term price targets with a standard deviation of $5.81. While the lowest estimate of $7 indicates a 15.1% decline from the current price level, the most optimistic analyst e ...
Chinese EV Stocks Eye July 4 Deadline in European Tariff War
Investor Place· 2024-06-24 16:56
Shareholders of Chinese electric vehicle (EV) stocks like Nio (NYSE:NIO), Li Auto (NASDAQ:LI) and XPeng (NYSE:XPEV) will want to mark their calendars for July 4. That is the day when provisional European Union duties between 17.4% and 38.1% on imported China-made EVs are set to become active. This would supplement an existing 10% duty on the vehicles.Provisional duties can be active for up to four months. Afterwards, the EU will decide on whether it will enact final, or definitive, duties. The EU’s deadline ...
Here's why Nio, XPeng, Li Auto stocks are crashing
Finbold· 2024-06-12 13:13
Just as EV stocks finally caught a breath amid entering historically the best month for sales and deliveries, a new challenge arose, causing Nio (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) stocks all crashed in the pre-market.On June 12, the European Commission announced it would impose additional duties of up to 38.1% on imported Chinese electric vehicles starting next month. This move is likely to prompt potential retaliation from China.China’s commerce ministry stated it would closely monit ...
Xpeng Nails Excellent Results on 62% Sales Growth with Margins
MarketBeat· 2024-06-11 11:18
XPeng Inc. NYSE: XPEV is a leading Chinese smart electric vehicle (EV) maker primarily serving the Chinese domestic market. The company is focused on the mid to high-end market with its premium EVs outfitted with advanced driver-assistance systems (ADAS) integrated with connectivity, interactive, user-friendly and cutting-edge technology. XPeng continues to build out its autonomous driving technology in-house.XPeng competes in the Auto/Tires/Trucks sector with competitors including Tesla Inc. NASDAQ: TSLA, ...
Wall Street Analysts Think XPeng (XPEV) Could Surge 71.17%: Read This Before Placing a Bet
ZACKS· 2024-06-10 14:55
Shares of XPeng Inc. Sponsored ADR (XPEV) have gained 5.4% over the past four weeks to close the last trading session at $8.15, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $13.95 indicates a potential upside of 71.2%.The average comprises 13 short-term price targets ranging from a low of $7 to a high of $24, with a standard deviation of $5.61. While the lowest estimate indic ...