XPeng (XPEV) Soars 9% on Unit IPO

Group 1 - XPeng Inc. (NYSE:XPEV) experienced a significant share price increase of 8.39% to $21.70, driven by news of its flying car subsidiary planning an IPO [1][2] - The flying car subsidiary, Aridge, is valued at $2 billion and has confidentially filed for an IPO with the Hong Kong Stock Exchange, targeting this year for the offering [2][3] - Aridge plans to deliver its flying cars by the second half of 2026 and is developing a 120,000-square meter factory in Guangzhou [3] Group 2 - XPeng's total vehicle deliveries surged by 126% in 2025, reaching 429,445 units, with 45,008 units delivered overseas and a 2% year-on-year increase in December deliveries [4]