Xpeng
Analysts explain why Nio, Xpeng, Li Auto stocks fell early in the year and why they may have reached inflection point
Nio, which rose more than 10 times in 2020, has seen its biggest pullback this year at 54%, Xpeng at 62%, and Li Auto at 58%.
Xpeng says second-quarter deliveries could beat guidance
Xpeng would need to deliver 4,667-5,167 vehicles in June to meet its previous guidance, which doesn't seem difficult for the company given that it delivered 10,833 vehicles cumulatively in April and May.
Xpeng files patent for thermal management system that can improve battery heat dissipation
Xpeng Motors disclosed a patent on June 1 for a vehicle thermal management system that could improve battery heat dissipation if used in mass-production models.
Xpeng delivered 5,686 units in May, up 483% from a year ago
Xpeng delivered 3,797 units of the P7 sedan in May, the highest monthly delivery record since the mass delivery in July 2020.
Xpeng starts beta testing of latest system, brings memory parking feature
Xpeng Motors started pushing Xmart OS v2.6.0 to a small number of users on Monday, bringing with it the previously mentioned memory parking feature Valet Parking Assist (VPA).
Xpeng's P5 is the next killer model in China's booming EV space
Although P5 may push the company's profitability down, the P5 model is well designed to increase Xpeng's brand influence in China's EV market.
Xpeng releases 'OTA chronicles', has rolled out 23 major updates
Xpeng P7 is about to receive a major new version of the OTA upgrade, with the Xmart OS version number upgraded to 2.6.0.
Xpeng said to release first large SUV in 2022
Xpeng Motors will release its first large SUV in 2022, which will be the company's fourth model and will be comparable in size to the Nio ES6, local media reported Monday.
Why do Chinese EV companies making Norway their first stop in overseas markets?
Norway, with a land area of less than 400,000 square kilometers, is becoming a new battleground for Chinese EV companies.
Hillhouse Capital re-bought Nio, Xpeng in Q1 after liquidating positions at end of last year
Hillhouse Capital is losing money on its investments in both Nio and Xpeng, and Xpeng in particular is causing more serious losses for it.