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XPEV Surges Nearly 5% In Friday Premarket —Here's What's Driving It - XPeng (NYSE:XPEV)
Benzinga· 2025-09-26 08:58
Xpeng Inc. (NYSE: XPEV) surged over 4.36% in Friday’s premarket and recorded a 5.4% spike in its Hong Kong-listed shares. It's currently trading at $22.90 in pre-market, according to Benzinga Pro data.European ExpansionThe surge in share price comes as the company officially announced its entry into 5 European markets — Switzerland, Austria, Hungary, Slovenia and Croatia — after partnering with Magna International Inc. (NYSE: MGA) to build two EVs in Austria at one of Magna's manufacturing facilities. The p ...