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Xpeng (XPEV) Projected to Maintain Strong Sales Momentum
XPEVXPENG(XPEV) Gurufocus·2024-10-03 04:50

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 ...