Xpeng

ARKQ added 250,389 shares of Xpeng ADRs so far this week, worth about $11.02 million.

Xpeng's three currently available models, the G3i, P5 and P7, will have their purchase benefits reduced by about half.

Xpeng received the ISO 27001 and ISO 27701 certificates from BSI, becoming the first Chinese carmaker to receive both certifications.

ARKQ bought 277,263 shares of Xpeng's ADRs worth about $13.4 million on Thursday, representing 0.56 percent of the position.

The site is located less than 10 kilometers from Xpeng's headquarters building and will be used for new energy vehicle research and development projects.

Each is expected to generate more than $300 billion in annual revenue and be able to impact the lives of many more people, he said.

Xpeng delivered a record 15,613 units in November, meeting the company's previously mentioned target of 15,000 units for single month deliveries.

The current smart cars are only in their infancy, and a small number of cars will be flying in the sky after 2024, and by 2030 they will take over the sky on a larger scale, he said.

Daiwa Securities raised their forecast for Xpeng's vehicle deliveries next year from 90,000 units to 185,000 units.

The project is expected to generate an average of 21.33 million kilowatt hours of electricity per year, equivalent to the power used by more than 50,000 people for one year.