Xpeng
Xpeng delivers 5,811 vehicles in Nov, up 14% from Oct
Xpeng expects deliveries to increase significantly in December as production of the G9 ramps up under normal operating conditions.
Xpeng earnings call: Dec deliveries expected to rebound significantly
Xpeng management expects November deliveries to be no less than 5,800 units, hinting that December deliveries are expected to rebound to around 10,000 units.
Xpeng Q3 earnings: Deutsche Bank's first look
Xpeng delivered better-than-expected third-quarter operating results, accompanied by a slightly better-than-feared outlook.
Xpeng posts Q3 revenue of $960 million, up 19% year-on-year
Xpeng expects fourth-quarter deliveries of 20,000 to 21,000 units, possibly suggesting that its December deliveries are expected to rebound to around 10,000 units.
Xpeng co-founder Henry Xia resigns as board executive director
This is due to Xpeng's recent organizational restructuring and personal matters, the company said in an announcement.
Xpeng allows all orders placed before year-end to enjoy this year's subsidy
Orders with deposits paid by 24:00 on December 31 will continue to receive the same purchase subsidies as in 2022, Xpeng said.
Xpeng winning back demand could take several quarters, says Deutsche Bank
The key to Xpeng regaining relevance is winning back demand, and that could take several quarters, creating significant uncertainty heading into 2023.
Xpeng plans to develop its own batteries, report says
Xpeng's battery R&D team is currently around 100 people, and the company already has a lot of communication with upstream raw material suppliers, according to local media.
Xpeng establishes new subsidiary with business scope including battery making
Xpeng may be preparing for future battery development. A month ago, a similar company established by Nio received a lot of media coverage.
Xpeng drastically reduces its model SKUs, prices remain unchanged
Xpeng has cut the SKUs of the P7, P5 and G3i in half, seemingly hoping to boost declining sales by making it easier for consumers to choose.
