XPeng Inc. (XPEV) Delivered 6,010 EVs in February 2023

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XPeng (XPEV) remains overweight at Morgan Stanley as sales pick up in February

March 1, 2023 7:51 AM EST

Morgan Stanley reiterated an Overweight rating and $12.00 price target on XPeng (NYSE: XPEV) after the electric vehicle company reported that it delivered 6,010 units in February. A 15% increase over Januarys numbers.

Rmb20-36k price cuts in mid-January seemed to provide... More