Chinese EV Maker XPeng Reports Smaller-Than-Expected Q4 Loss

Key TakeawaysChinese electric vehicle (EV) maker XPeng reported a smaller-than-expected fourth-quarter loss Tuesday.Over the weekend, XPeng's CEO reportedly said at an industry conference that the company is planning to introduce a new, lower-priced EV for a larger market.CEO He Xiaopeng said Tuesday the company has plans to launch 10 new models over the next three years. American depositary receipts (ADRs) of Chinese electric vehicle (EV) maker XPeng (XPEV) rose before paring back gains in early trading Tu ...