XPeng (XPEV) launches G6 SUV in China

Chinese EV start-ups surge following June delivery numbers

Shares 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

Shares 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

CLSA 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 Inc. (XPEV) Launches G6 Ultra Smart Coupe SUV in China

XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle ("Smart EV") company, today announced the official launch of its G6 Ultra Smart Coupe SUV, the Company's inaugural model based on its next-generation technology architecture, SEPA2.0, in China. Customers will be able to experience the Company's next-generation Smart EV innovation at a price range between 209,900 RMB to 276,900 RMB, with initial deliveries to commence in July 2023 for customers in China.

Equipped with XNGP, XPENG's full-scenario ADAS solution, and XPower, XPENG's 800V powertrain system and 800V high-voltage SiC platform,... More

Zeekr opens pre-orders for two luxury EVs in Sweden, Netherlands

On Wednesday, Zeekr, the electric brand of Geely Automobile, announced the commencement of pre-orders for two of its luxurious all-electric cars in the Netherlands and Sweden. This move adds Zeekr to the increasing roster of Chinese electric vehicle manufacturers entering the European market.

According to the company, deliveries for the Zeekr... More

XPeng Inc. (XPEV) Provides Updates on NAF's Testing of G9 and P7

XPENG (NYSE: XPEV) today announced that its two smart EV (electric vehicle) models for European markets, the G9 flagship SUV, and the new P7 sports sedan, have successfully concluded the two-day NAF (Norwegian Automobile Federation) and Motor EV Summer test, also known as El-Prix 2023. XPENG G9 broke the charging record in NAF history by reaching up to 319kW of peak capacity, delivering the test's highest average charging power at 212 kW, while both XPENG G9 and P7 swept the top two spots in the range test in terms of real-world deviation rate to... More