XPeng

XPeng's move is expected to further increase the penetration of NGP and accelerate the unification of assisted driving hardware and software.

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 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 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'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.

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.

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 Invest sold 93,160 shares of Tesla on Thursday and bought more shares of XPeng as well as another Chinese company, Niu Technologies.

XPeng has opened a direct experience store in Denmark, its third in Europe after Stockholm, Sweden and The Hague, Netherlands.

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.