Xpeng
Xpeng Nov deliveries breakdown: G6 at 8,750, G9 at 5,778
Deliveries of the G6 flattened, the G9 and P5 continued to grow last month, while the P7-series sedan slipped.
Xpeng offers up to $3,630 limited-time discount on P7i
Xpeng launched the P7i in China on March 10, and on November 6 rolled out two lower-priced versions of the model with LFP battery packs.
Xpeng delivers record 20,041 vehicles in Nov, largely flat from Oct
Xpeng's year-to-date deliveries reached 121,486 units, up 10.98 percent year-on-year, surpassing last year's full-year deliveries.
Xpeng officially unveils X9 MPV, starts pre-sales at far lower price than Li Mega
Xpeng X9 starts at RMB 388,000 for pre-sales, with deliveries to begin in January, while Li Auto's Li Mega will be priced between RMB 500,000 and 600,000.
Xpeng Q3 earnings call: Live updates
Xpeng is confident of achieving rapid volume growth and a significant rebound in gross margin in the fourth quarter.
Xpeng Q3 earnings: Deutsche Bank's 1st look
"Promotional activity appeared more aggressive than anticipated," Deutsche Bank said.
Xpeng Q3 revenue slightly below expectations, gross margin still negative
Xpeng guided for fourth-quarter deliveries in the range of 59,500 to 63,500 units, meaning it expects to deliver a total of 39,498 to 43,498 vehicles in November and December.
Xpeng to start pre-sales of X9 MPV on Nov 17
The Xpeng X9 will compete head-to-head with the Li Mega, a Li Auto MPV that will also be unveiled and go on pre-sale on November 17, the first day of the Guangzhou auto show.
Xpeng Oct deliveries breakdown: G6 at 8,741, G9 at 4,593
October was the first full month of deliveries for the updated G9 since its launch on September 19, and monthly deliveries were an all-time high for the model.
Xpeng Q3 earnings preview: In-line results expected, margins likely to beat
"In light of China's EV market remaining ultra competitive for the foreseeable future, Xpeng's strategy continues to resonate well with us, making the stock our Top Pick in the group," Deutsche Bank said.
