Xpeng

Xpeng aims to achieve a steady monthly delivery volume of over 40,000 units starting in September following the start of deliveries for the all-new P7.

Xpeng has launched the updated G6 in Thailand, as the SUV marks its one-year anniversary there.

Xpeng CEO purchased 3.1 million Class A ordinary shares of the company on August 20-21 at an average price of HK$80.49 per share.

Xpeng's new generation P7 sedan will be launched next week.

Xpeng's net loss for the second quarter was RMB 480 million, marking the lowest level since the third quarter of 2020.

China CITIC Bank will grant Xpeng a credit facility of RMB 10 billion ($1.4 billion) to support the company's business operations and development.

The new Xpeng P7 completed 3,961 km of continuous driving in 24 hours, surpassing Xiaomi YU7's 3,944 km achieved at the end of June.

The jointly developed technology architecture will not only be integrated into Volkswagen's BEV platform, but also deployed on its gasoline and plug-in hybrid platforms in China.

The next-generation P7 will offer a variant with scissor doors, which will come in a special matte silver finish and exclusive features.