Xpeng
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Xpeng plans to award CEO 28.5 million shares, with stock performance-related conditions
Xpeng CEO He Xiaopeng can unlock the full award if the company's Hong Kong-traded share price rises to HK$750 from the current HK$89.55 within 10 years.
Xpeng Q4 2024 earnings call: Live updates
Xpeng today announced its Q4 2024 financial results and held an analyst call afterwards. This post is a live update from that call.
Xpeng reports smaller net loss while gross margin declines
Xpeng reported a net loss of RMB 1.33 billion ($180 million) in the fourth quarter, lower than analysts' expectations of RMB 1.593 billion, but gross margins slipped slightly from the third quarter.
Xpeng forays into Indonesia, to start local production in H2 2025
Xpeng has started pre-sales of its G6 SUV and X9 MPV in Indonesia and plans to start local production in the country in the second half of 2025.
Xpeng launches updated G6 and G9 SUVs with upgraded features and lower prices
Starting price of 2025 G6 is reduced by 11.56 percent and 2025 G9 by 5.72 percent.
Xpeng to officially launch updated G6 and G9 SUVs on Mar 13
The updated G6 is a model developed for the global market and would be available in left- and right-hand drive versions. The G9 is Xpeng's flagship SUV.
Xpeng teases updated G9 SUV in intensive new product unveilings
Xpeng began warming up for the 2025 G9 SUV, as it started previewing the G7 in January and the updated G6 is set to hit the market next week.
Xpeng makes entry into more European markets
Xpeng has entered automotive markets in Poland, Switzerland, the Czech Republic, and Slovakia, with sales scheduled to begin in the second quarter.
Xpeng to report Q4 2024 earnings on Mar 18
Xpeng delivered a record 91,507 vehicles in the fourth quarter, exceeding the upper end of its guidance range of 87,000 to 91,000 vehicles.
Xpeng to officially launch updated G6 SUV next week
Production of the 2025 G6 will be very limited in the first month because of the supply chain, and Xpeng is trying to address the issue, its CEO said.
