XPENG Launches G6 Ultra Smart Coupe SUV in China
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Chinese EV start-ups surge following June delivery numbers
July 3, 2023 9:03 AM EDTShares of Chinese electric vehicle makers Nio (NYSE: NIO), Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) are surging pre-market after the three announced June delivery numbers.
NIO is up 4.2% in pre-market trading Monday after the Chinese automaker announced over the weekend that they delivered 10,707 last month, a 17.4% drop from the same time last year, but a significant 74% increase from numbers reported... More
XPeng (XPEV) climbs after G6 priced below Tesla (TSLA) Model Y
June 30, 2023 1:12 PM EDTShares of Xpeng Inc. (NYSE: XPEV) are up nearly 14% and counting on Friday after the Chinese electric automaker revealed the starting price for the companys new G6 smart SUV is about 20% below the cost of Teslas (NASDAQ: TSLA) Model Y in the country.
The pricing comes at a time when EV giant Tesla's sales China... More
CLSA cuts XPeng (XPEV) to Buy following G6 launch
June 30, 2023 8:39 AM EDTCLSA downgraded XPeng (NYSE: XPEV) to an Outperform rating (From Buy) and raised their 12-month target price to $13.10 (From $10.00) following the launch of the companys G6 smart electric SUV on Thursday.
Analyst Aaron Zijun Li wrote in a note, Xpeng launched G6 model on 29 June with official price starting from Rmb209,900. We expect G6 could reach 10,000 monthly sales units, helping Xpengs sales return to... More
XPeng (XPEV) launches G6 SUV in China
June 29, 2023 1:50 PM EDTChinese electric automaker, XPeng Inc. (NYSE: XPEV) officially launched its G6 Ultra Smart Coupe SUV in China on Thursday, marking the inauguration of the first model based on its next-generation technology architecture, SEPA2.0.
Equipped with XNGP, XPENG's full-scenario ADAS solution, and XPower,... More
