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 ...

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 ...

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 ...

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 ...

• 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 ...

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 ...

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 ...

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 ...

Key TakeawaysXPeng ADRs rose Monday after the Chinese electric vehicle maker said that CEO Xiaopeng He bought more than 2 million of the company's shares.XPeng said that He bought 1 million H-shares, traded on the Hong Kong Stock Exchange. He also bought 1.42 million U.S.-listed American depositary shares.XPeng shares are down almost 50% this year. XPeng (XPEV) ADRs rose Monday after the Chinese electric vehicle (EV) maker said that Chief Executive Officer (CEO) Xiaopeng He bought more than 2 million of the ...

2024 年 8 月 26 日 公司研究 2Q24 毛利率持续改善，关注新车型订单表现 ——小鹏汽车（XPEV.N）2024 二季度业绩点评报告 要点 买入（维持） 2Q24 业绩总体符合预期：2Q24 收入同环比+60%/+24%至 81.1 亿元，毛利率 同比+17.9pcts/环比+1.1pcts 至 14.0%，Non-GAAP 归母净亏损 同环比 -54%/-13%至 12.2 亿元。 2Q24 交付量与毛利率持续改善：1）汽车收入同环比+54%/+23%至 68.2 亿元 （ASP 同环比+18%/-11%至 22.6 万元，交付量同环比+30%/环比+38%至 3.0 万辆），汽车业务毛利率同环比+15.0pcts/+0.9pcts 至 6.4%。2）服务与其他 业务收入同环比+104%/+29%至 12.9 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+25.6pcts/+0.3pcts 至 54.3%。3）R&D 费用率同环比 -8.9pcts/-2.5pcts 至 18.1%，SG&A 费用率同环比-11.1pcts/-1.8pcts 至 19.4%。 4）截至 2Q24 末 ...