Xpeng

Xpeng is offering a RMB 20,000 cash discount on the G9 in April, doubling the RMB 10,000 it offered in February and March.

The Xpeng G9 and P7 will be available at 24 stores in 12 dealerships in Germany starting in May.

Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units.

Xpeng will launch the right-hand drive version of the G6 in Thailand, Singapore and Malaysia, with deliveries to begin in the third quarter of this year.

Alibaba's Taobao China completed the sale of 33 million Xpeng ADSs on March 22, according to a Hong Kong stock exchange announcement.

Xpeng Aeroht has filed a type certificate application for its modular flying car, which has been accepted by the civil aviation regulator.

Xpeng has rolled out a new variant with scissor doors for the single-motor P7i 702 Max, starting at RMB 289,900, or RMB 249,900 after discount.

This is the latest reduction in Alibaba's holdings after it sold 25 million of Xpeng's ADSs last year. An Alibaba executive resigned as a director of Xpeng.

During next month's Beijing auto show, Xpeng will officially launch its new brand for the RMB 100,000 to RMB 150,000 segment.

Xpeng delivered solid fourth-quarter earnings although the guidance came in soft, said Deutsche Bank.