XPeng Inc. (XPEV) Signs Agreement to Double Zhaoqing Plant Annual Production Capacity to 200K Units

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Xpeng (XPEV) Signs Expansion Agreement to Double Manufacturing Capacity

August 18, 2021 5:21 PM EDT

Xpeng (NYSE: XPEV) announced today that it has signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to build the Phase Two expansion project of the XPeng Zhaoqing Smart EV Manufacturing Base located in Guangdong Province.... More

Citic Securities Starts XPeng (XPEV) at Equalweight

August 17, 2021 4:56 AM EDT

Citic Securities analyst Yin Xinchi initiates coverage on XPeng (NYSE: XPEV) with a Equalweight rating and a price target of $55.00.

The analyst comments "XPeng aimed precisely at autonomous driving (AD) upon its establishment and is currently a leader with the deepest... More