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Chinese luxury EV maker Xpeng deliveries for July stood at 11,145 units, up 1% year-over-year and 4% over the previous month. The marginal growth has been driven in part by higher sales of the premium X9 multi-purpose vehicle which was launched in early January.
Chinese automaker XPeng's aviation unit, XPeng AeroHT, has raised $150 million in a Series B1 funding round to advance the development of aerial vehicles, according to reports The funds will be allocated to research, development, production, and commercialisation efforts. XPeng AeroHT plans to build the world's first factory for electric vertical take-off and landing (eVTOL) aircraft in China, targeting pre-sales by the fourth quarter of the year.
Flying car stocks are a new phenomenon that could be rewarding to long-term-oriented investors. In fact, Fortune Business Insights suggests the flying car market will grow at an annualized rate of 50.5% until 2040.
GUANGZHOU, China, Aug. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that it will report its second quarter 2024 unaudited financial results on Tuesday, August 20, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 20, 2024 (8:00 PM Beijing/Hong Kong Time on August 20, 2024).
GUANGZHOU, China, Aug. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for July 2024.
XPeng Inc. Sponsored ADR (XPEV) concluded the recent trading session at $8.06, signifying a +1.51% move from its prior day's close.
GUANGZHOU, China, July 31, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today showcased its cutting-edge advancements in AI technology during the XPENG Smart AI Technology Conference and announced the full rollout of the Tianji XOS 5.2, in-car OS, to all eligible XPENG models globally. Additionally, XNGP will officially upgrade from "available nationwide" to "highly usable nationwide," achieving nationwide full-scale availability with no restrictions on cities, routes, or road conditions.
From a technical perspective, XPeng Inc. Sponsored ADR (XPEV) is looking like an interesting pick, as it just reached a key level of support. XPEV recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
XPeng Inc. Sponsored ADR (XPEV) reachead $8.20 at the closing of the latest trading day, reflecting a +1.86% change compared to its last close.
XPeng (XPEV) American depositary receipts (ADRs) surged on Monday after it said it would co-develop electrical/electronic (E/E) architecture with Volkswagen for the latter's electric vehicles (EVs) produced in China.