Xpeng

Xpeng CEO says he bought shares of Nio during the latter's toughest time in 2019

At that time, He gave support to Nio despite the opposition of his friends and also invested a total of $300 million in Xpeng.

Xpeng establishes new firm in Hefei with business scope including car rental services

Xpeng Motors has set up a new company in Hefei, home of Nio China's headquarters, with a registered capital of RMB 10 million yuan ($1.53 million), according to data provider Qichacha.

Xpeng announces RMB 500 million strategic investment from Guangdong govt-backed fund

Xpeng Motors (NYSE: XPEV) announced today that it has received a strategic investment of 500 million yuan ($77 million) from the Guangdong Provincial Industrial Development Fund.

Xpeng says it surpasses 50,000 cumulative deliveries

Chinese electric car company Xpeng Motors (NYSE: XPEV) announced Friday that it has surpassed 50,000 cumulative deliveries.

Xpeng establishes new firm with business scope including battery swap facility sales

Xpeng's models have non-removable batteries, but the company launched a similar battery rental program similar to Nio after the latter launched its iconic BaaS battery leasing service in August last year.

Deutsche Bank lowers Xpeng price target by $7 to $48

Deutsche Bank analysts reduced their price target on Xpeng Motors by $7 to $48, mostly to account for downward re-rating in the peer group.

This may be what Xpeng's lower priced sedan looks like

Xpeng Motors' lower-priced sedan, likely to be called the P5, features Xpeng's signature design at the front and rear with hidden door handles, a camouflaged spy image showed.

Xpeng P7 used for display loses control, crashes into mall booth

An Xpeng P7 sedan used for display by Chinese electric car maker Xpeng Motors appeared to lose control and crashed into a mall booth Sunday after backing up quickly for about 50 meters, according to local media.

Nio, Xpeng, Li Auto mull HK listings this year, report says

They each aim to sell at least 5% of their enlarged share capital in Hong Kong. Based on their New York market capitalization on Monday, proceeds could total around $5 billion.

Xpeng reports Q4 revenue of RMB 2.85 billion, beating expectations

Xpeng expects to deliver approximately 12,500 vehicles in the first quarter and expects first-quarter revenue of about RMB 2.6 billion.
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