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Deutsche Bank reiterates Buy rating and $48 price target on Xpeng
In the long term, Xpeng management expects the price of XPILOT to increase in the future, beyond the current RMB 20,000 yuan.
Nio, Li Auto and Xpeng reportedly hire banks to prepare for Hong Kong listings
Nio has contacted Credit Suisse and Morgan Stanley to offer 5 percent of its total share capital in Hong Kong, the report said, citing sources who added that Nio could also go public in China's A-share market.
Xpeng spotted using P7 sedan to test LiDARs
The car is equipped with a LiDAR on the roof mount and one on each side of the front end.
Xpeng begins 3,000 km expedition challenge to show off its self-driving capabilities
Xpeng Motors launches a 3,000-kilometer drive via Navigation Guided Pilot (NGP) on March 19 to showcase the electric vehicle company's proud self-driving technology.
Xiaomi's car-making project said to be launched in April at earliest, with positioning similar to Xpeng
Xiaomi Group is fast-tracking its car-making ambitions and is expected to launch the project within 1-2 months at the earliest.
Nio, Xpeng, Li Auto evolving fast on smart car track, says analyst
Chinese EV trio - Nio, Xpeng Motors, and Li Auto have made the leap from 0 to 1 and have distinctive brand characteristics, and are now evolving rapidly on the intelligent track, an analyst said.
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.