XPeng to report Q1 earnings on May 23, what to watch?
Deutsche Bank analyst Edison Yu's team lowered their price target on XPeng by $2 to $53, taking into account slightly lower expected sales.
XPeng, Li Auto in spotlight for terminating job offers for fresh graduates
Dismissing an offer or laying off employees is normal for a company, but in China, things get delicate when it comes to groups that are considered disadvantaged.
Tiger Global increases bets on XPeng, Li Auto in Q1
Tiger Global increased its stake in XPeng by 120.33 percent and in Li Auto by 167.35 percent in the first quarter. The fund does not own any shares of NIO.
XPeng to offer new color options for G3i SUV on May 20
XPeng is trying to add new appeal to the G3i to gain more popularity with younger customers.
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.