XPeng ramps up ambitions in smart driving as over half of its sedan variants to come standard with XPILOT
XPeng's move is expected to further increase the penetration of NGP and accelerate the unification of assisted driving hardware and software.
NIO, XPeng and 86 others added to SEC's list of firms facing possible delisting
To date, a total of 23 companies have been added to the conclusive list, and another 105 are on the list of companies facing possible delisting.
XPeng delivers 9,002 vehicles in April, down 42% from March
XPeng has been and is continuing to actively navigate through the Covid situation, which in turn is affecting the overall supply chain in China, it said.
XPeng to report Q1 earnings on May 23
XPeng delivered 34,561 vehicles in the first quarter, up 159 percent year-on-year and above the upper end of the guidance range of 33,500 to 34,000 vehicles.
XPeng stock could see relief rally with April monthly sales, says Deutsche Bank
XPeng's production and logistics appear to be the least affected by the Shanghai lockdown, and supply chain management also appears to be more resilient than peers, said Edison Yu.
BREAKING: XPeng secures about $1.14 billion credit line from local bank
XPeng's cash and cash equivalents, restricted cash, short-term deposits, short-term investments and long-term deposits reached RMB 43.5 billion by the end of last year.
XPeng sell-off overdone, says Deutsche Bank
Edison Yu's team believes XPeng will see the biggest negative impact in deliveries in April, with deliveries only returning to closer to normal levels by June.
ARK's Cathie Wood buys more XPeng shares
ARK Invest sold 93,160 shares of Tesla on Thursday and bought more shares of XPeng as well as another Chinese company, Niu Technologies.
XPeng announces reservation prices for P5 in European markets
XPeng has opened a direct experience store in Denmark, its third in Europe after Stockholm, Sweden and The Hague, Netherlands.
XPeng CEO on supply chain shock: All automakers in China could be forced to halt production in May
If suppliers in Shanghai and neighboring cities can't find a way to dynamically resume production, then probably all automakers in China will have to halt production by May, said He Xiaopeng.