XPeng: X9 A Major Catalyst

Core Insights - XPeng (XPEV) reported better-than-expected earnings for its third quarter, indicating strong financial performance [1] - The increase in deliveries was significantly driven by new models, particularly the XPeng X9 Multi-Purpose Vehicle, which competes with offerings from Li Auto [1] Financial Performance - The earnings report for the third quarter exceeded market expectations, showcasing the company's robust growth trajectory [1] - The surge in deliveries reflects the successful introduction of new vehicle models, contributing positively to revenue [1] Competitive Landscape - The XPeng X9 Multi-Purpose Vehicle is positioned to compete directly with Li Auto's products, highlighting the competitive dynamics within the electric vehicle market [1]