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XPENG sets new delivery record, surpassing 36,000 EVs in July; cumulative deliveries top 800,000
XPENG (NYSE:XPEV) achieved a new monthly record by delivering 36,717 Smart EVs in July, a substantial 229% increase year-over ...
Nio, Li Auto, Xpeng, and Leapmotor report varying delivery results in July, with BYD seeing a global delivery decline.
ZEEKR Intelligent Technology (NYSE:ZK), Li Auto (NASDAQ:LI), and NIO (NYSE:NIO) stocks dropped on Friday despite individual ...
XPeng Inc. (NYSE:XPEV) is among the 12 Best EV Charging Stocks to Buy According to Hedge Funds. XPeng Inc. (NYSE:XPEV) ...
XPeng, the Chinese company behind the car, isn't just making minivans, it's also dabbling in flying cars and robotics ...
The competition in China's EV space continues to evolve, with July bringing a noticeable deceleration in growth ...
After Beijing's call to end a brutal price war, EVs priced around US$13,888 have become the choice for budget-conscious ...
XPeng also still has a strong balance sheet to weather any storm with cash, cash equivalents, restricted cash, time deposits, and short-term investments of ~$5.55 billion (RMB 38.25b).
XPeng ’s guidance for a steep drop in fourth-quarter vehicle deliveries isn’t as bad as it looks, with better sales expected in the final month of the year suggesting the worst of a sales ...
Xpeng’s financial performance has also been tough. For Q2, the company posted its widest-ever net loss since going public, while its vehicle gross margins came in at negative 8.6%, down from 9% ...
Xpeng is counting on the technology to attract customers after its car sales fell more than 40% to 11,228 in the first two months of the year, underperforming the overall EV segment in China.
In 2021, XPENG delivered over 98,000 vehicles to its customers, which is obviously small potatoes compared to Tesla’s current volume. Most of these sales were in China, and Gu claims this ranks ...
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