XPeng (XPEV) shares sink as VP of autonomous driving resigns

XPeng (H-Shares) (9868:HK) (XPEV) PT Raised to HK$58.50 at Citi

Citi analyst Jeff Chung raised the price target on XPeng (H-Shares) (9868:HK) (NYSE: XPEV) to HK$58.50 (from HK$24.48) while maintaining a Sell rating.... More

XPeng Inc. (XPEV) Announces Resignation of Xinzhou Wu, Vice President of Autonomous Driving

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, today announced that Dr. Xinzhou Wu, Vice President of Autonomous Driving, has tendered his resignation to the Company for personal and family reasons. Dr. Liyun Li, Senior Director of XPENG's autonomous driving team, will assume Dr. Wu's responsibility. Dr. Li has been leader of the XNGP project team and prepared for the transition for a long period.

Mr. He Xiaopeng, Chairman and CEO of XPENG, commented, "on behalf of the Company's management team, we would like to extend... More

Chinese EV startups report July deliveries, Li Auto (LI) leads with 227% YoY surge

Chinese electric vehicle startups, namely Nio (NYSE: NIO), Li Auto (NYSE: LI), and XPeng (NYSE: XPEV), disclosed their July delivery results, with Li Auto emerging as the leader, delivering an impressive 34,134 units, marking a remarkable year-on-year surge of 227.5%. This achievement signifies the second consecutive month during which Li Auto surpassed 30,000 deliveries.

As a preferred premium automotive brand for Chinese families, we successfully... More

XPeng (XPEV) Delivered 11,008 EVs in July 2023

XPeng Inc. (NYSE: XPEV) today announced its vehicle delivery results for July 2023.

In July 2023, XPENG recorded monthly deliveries of 11,008 Smart EVs, a 28% increase over the prior month, marking its sixth consecutive month of delivery growth.

XPENGs G6 Ultra Smart Coupe SUV commenced mass deliveries across 110 cities... More

JPMorgan Upgrades XPeng (H-Shares) (9868:HK) (XPEV) to Neutral

JPMorgan analyst Nick Lai upgraded XPeng (H-Shares) (9868:HK) (NYSE: XPEV) from Underweight to Neutral with a price target of HK$71.00 (from HK$40.00).

UBS cuts XPeng (XPEV) to Neutral amid VW collaboration

UBS downgraded XPeng (NYSE: XPEV) to a Neutral rating (From Buy) and raised their 12-month price target on the stock to $23.00 (From $12.00) after the carmaker announced a collaboration with Volkswagen.

While we share the market's positive view on VW's investment and collaboration, and pricing competitiveness of G6's... More

UBS Downgrades XPeng (XPEV) to Neutral

UBS analyst Paul Gong downgraded XPeng (NYSE: XPEV) from Buy to Neutral with a price target of $23.00 (from $12.00).

For an analyst ratings summary and ratings history on XPeng click here. For more ratings news on XPeng click here.

Shares of XPeng closed at $23.39 yesterday.