Xpeng
Deutsche Bank raises Xpeng price target to $50, citing EV sentiment re-rate potential
In a research note sent to investors on Monday, Deutsche Bank's Edison Yu's team raised its price target on Xpeng by $7 to $50, saying it is based on 7.5x 2022E sales, after previously valuing Xpeng at 7.0x 2022E sales.
Xpeng to offer six NBA-themed color change films for G3i users
Xpeng is teaming up with the NBA to offer six color change films for the recently released G3i, a facelift of its G3 SUV, the company said Monday. The products will go on sale in September.
Xpeng says P5 gets over 5,000 orders in 7 hours after opening for pre-sale
Xpeng Motors' less expensive sedan, the P5, has received more than 5,000 orders in seven hours after opening for pre-sale, the company said Saturday.
Xpeng P5 opens for pre-sale with starting price of about $24,700
Xpeng Motors' new sedan P5 officially launched its pre-sale on July 17, with a subsidized price range of RMB 160,000 ($24,700) to 230,000.
SPDB International initiates coverage on Xpeng with Buy rating and HK$187.6 price target
Xpeng's car sales have a price-to-sales ratio close to other new car makers, but its software services could be given a higher price-to-sales ratio thanks to its push in autonomous driving and software monetization, according to the report.
Xpeng to bring closer-to-real-life voice interaction experience to P7
Xpeng said Thursday that the Xmart OS in-car intelligent voice assistant "Xiao P" will receive a new AI voice via OTA in July and will first be available on the Xpeng P7.
Xpeng unveils X2, its fifth-generation flying car
Xpeng Huitian, the electric flying car company owned by Xpeng Motors, unveiled its fifth-generation flying vehicle, X2, on Friday, Xpeng Chairman and CEO He Xiaopeng announced via Weibo.
Xpeng P7 gets five stars in authoritative ratings for its 'intelligence'
Intelligent is the label Xpeng Motors wants to put on itself, and a new rating is expected to further reinforce that impression with consumers.
Xpeng's Hong Kong stock added to Chinese mainland index
There are currently several funds in the China A-share market that track the index, meaning that Xpeng's Hong Kong stock is expected to receive passive capital inflows from the mainland.
Xpeng gets nearly HK$2 billion additional capital through over-allotment of shares in Hong Kong
The HKEx has approved the listing of the over-allotted shares and they will be available for trading starting at 9 a.m. on July 19.