XPeng Inc XPEV Share Price Today, News and Discussion

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All three vehicles feature an end-to-end software architecture developed in-house that supports a wide variety of functions, including an advanced driver assistance system that XPeng says enables up to Level 3 autonomous driving capability in China. Deliveries of Xpeng’s best-selling model, the P7 sedan, halved from September to October, with just over 2,100 units delivered last month. The company’s newly launched G9 SUV saw deliveries surge from 184 units in September to 623 units in October. Chinese electric car startup Xpeng delivered about half the number of cars that rivals Nio and Li Auto did in October, according to company statements Tuesday.

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As Chinese EV automaker XPeng continues its market expansion into Europe, it has already set up shop in the Netherlands with the intent to inevitably begin sales there. While XPeng determines whether to bring its P5 or P7 sedan to the Netherlands first, I got the chance to visit the country, test them both out, and give feedback. Chinese EV automaker XPeng Motors announced it has suspended all P5 reservations and pre-orders in the four countries in Europe it currently has a presence. The decision comes just months after the company opened reservations for the P5 overseas. Citing foreseen export timeline issues, XPeng will shift its focus to the P7 sedan.

He Xiaopeng, founder of Chinese smart EV maker Xpeng, bought 2.2 million of the firm’s American depositary shares, as its new SUV launch boosts confidence in its future. Blink Charging, Tesla, Plug Power revenues are rising faster than their peers even as a key electric car benchmark plunged 31%, double the rate of the S&P 500’s decline. EV-dedicated automaker XPeng Motors is celebrating the production of its 100,000th P7 sedan, claiming to be the first Chinese EV brand to do so. To mark this production milestone, XPeng will release a special “Black Label Edition” P7 featuring an entirely dark exterior. Urban air mobility company AeroHT continues to make progress toward the “flying car” it has promised to deliver by 2024.

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Shanghai-based Nio said it delivered 10,052 units in July, down 22 per cent from a month earlier. The facility near Nio’s headquarters in San Jose, California may be operational by November, according to report, which if confirmed would mark an expansion of business model. Xpeng and Li Auto reported fewer deliveries month on month in August, while Nio reported a 6 per cent increase in sales. The G9 will have a driving range of 702 kilometres on a single charge and will be delivered to customers in October. The popularity of the American giant’s cars means Nio, Xpeng and Li Auto face an uphill struggle to maintain their market share in the highly competitive market, according to some analysts.

• EV maker Zeekr is filing for an initial public offering in the U.S. to raise about $1 billion, according to Reuters.
• The carmaker, based in the Guangdong provincial capital of Guangzhou, operates its own factory in Zhaoqing city in southern China and engages a contract assembler in central China’s Hunan province.
• US- and Hong Kong-listed Xpeng said Wednesday it expects to sell 20,000 to 21,000 electric vehicles in the three months through Dec. 31, which would be a fourth-straight quarter-on-quarter decline.
• XPeng management expects November deliveries to be no less than 5,800 units, hinting that December deliveries are expected to rebound to around 10,000 units.

Huitian recently posted a video to Weibo demonstrating an eVTOL prototype taking off, flying around, and being maneuvered like a car. Following XPeng’s recent 1024 Tech Day event in China earlier this week, we have finally been able to share video footage of its latest generation of eVTOL built by AeroHT. As promised during the presentation, XPeng’s flying car prototype completed its maiden flight and has the receipts to prove it. I have no business relationship with any company whose stock is mentioned in this article. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.

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Lead monthly deliveries by far, while new entrant Huawei claims its Aito brand has topped the 10,000-a-month mark less than a year since launch. BYD, the Chinese carmaker that recently overtook Tesla’s as the world’s largest EV maker, has boosted its go-global ambitions by sending its first shipment of 1,000 Atto 3 SUVs to Australia. https://techbullion.com/invest-in-xpeng-inc-xpev-with-dotbig-forex-broker/ Tesla’s market cap has undercut $500 billion, as Elon Musk TSLA sales add to China demand and Twitter concerns. EV maker Zeekr is filing for an initial public offering in the U.S. to raise about $1 billion, according to Reuters. Zeekr is a unit of Chinese vehicle maker Geely and could see a valuation of $10 billion upon listing.

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Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company’s full sanctions status. The Guangzhou-based firm offers a number of electric cars including two saloons – the P5 and P7 – as well as the G3i compact SUV. While the two other startups reported monthly deliveries of more than 10,000 each, Xpeng said it delivered just 5,101 cars — a third-straight month of decline. A restored supply chain and the rising popularity of electric cars should help Geely reach what is seen as an important threshold for defining a powerful carmaker in mainland China. New-energy vehicle sales will maintain their strong growth in China as more motorists ditch their petrol cars in favour of an expanding range of electric options, Fitch Ratings predicts. As a result, nearly 23,000 people have reserved the upcoming SUV in the first 24 hours. XPeng , a leading Chinese smart EV manufacturer, released its Q earnings Wednesday, missing top and bottom line estimates while offering a less-than-ideal delivery outlook for the rest of the year.

XPeng Stock Soars 40%. Results Missed Forecasts but Guidance Offers Hope.

All three Chinese EV start-ups I am covering here — XPeng, NIO and Li Auto — have seen much higher sales-based valuation factors at the beginning of the year than they are today. As a slowdown in production growth materialized throughout the second- and third-quarter, however, the market started to reprice the prospects of electric vehicle start-ups. XPeng is now expected to break-even in its operations in FY 2025, meaning investors still have to wait at least 3 years for profits to show up on the firm’s profit and loss statement.

Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an "uptick" in price and the value of trades made on a "downtick" in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. XPeng’s fourth model will be the G9, a larger SUV built on the P7 platform that will boast 800V electrical architecture allowing ultra-fast charging. There are no firm plans yet, but XPeng insiders hint the G9 may be the model chosen to launch the brand in the U.S.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. The company is beginning to make electric vertical takeoff and landing aircraft for Urban Air Mobility . EV automaker XPeng Motors unveiled its fourth EV today at the Guangzhou International Automobile Exhibition in China. The new electric SUV dubbed “the G9,” matches previous speculation about the vehicle, and it will arrive with XPeng’s latest technologies. This includes the company’s new EV architecture, ADAS system, and supercharging capabilities.

Shanghai-based Nio and Guangzhou-headquartered https://www.stgusa.com/ are launching new models, signing more sales agencies and building charging facilities in European markets. Chinese automaker XPeng has officially begun its first venture overseas as it has loaded its P7 EVs on a ship headed for Norway. This initial batch of smart electric sedans represents XPeng’s commitment to a full-scale operation in Norway and an eventual expansion further into Europe. XPeng currently trades at a P/S ratio of 1.3 X and the company is expected to see a big jump in revenues in FY 2023. The average prediction — based off Seeking Alpha-provided estimates — calls for revenues of $7.1B next year, which implies a top line growth rate of 82%. The Invesco Golden Dragon China ETF started December with a pullback, after enjoying amid increasing signs that from the zero-COVID policy.