XPeng (XPEV) releases record high October sales results

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XPeng (XPEV) P7 earns silver nomination as Lyd & Billede Home's premium EV of the year

November 3, 2023 3:23 PM EDT

Chinese electric automaker, XPeng (NYSE: XPEV) shared the news Friday that the international version of its all-electric sports sedan, XPENG P7, has received a Silver Nomination in Lyd & Billede Home's Premium Electrical Car of the Year category for 2023/24.

Europe has been captivated by the... More

Citi opens catalysts call on XPeng (XPEV); reiterates Sell rating

November 1, 2023 5:54 PM EDT

Citi reiterated a Sell rating on XPeng (NYSE: XPEV) with a 12-month price target of $10.50 on the Chinese EV stock following the automakers October 2023 delivery report.

XPeng announced W3ednesday that the automaker delivered a record high of 20,002 units in October, representing a 31%... More

Citi Reiterates Sell Rating on XPeng (XPEV), Opens Catalyst Watch

November 1, 2023 4:00 PM EDT

Citi analyst Jeff Chung reiterated a Sell rating and $10.50 price target on XPeng (NYSE: XPEV).

The analyst comments "We open 30-days positive catalyst watch considering: (1) Xpeng delivered 20,002 units of sales in Oct (G6 delivery at 8,741 units), which beat market consensus, implying... More

Citi Reiterates Sell Rating on XPeng (H-Shares) (9868:HK) (XPEV), Opens Catalyst Watch

November 1, 2023 3:59 PM EDT

Citi analyst Jeff Chung reiterated a Sell rating and HK$41.00 price target on XPeng (H-Shares) (9868:HK) (NYSE: XPEV).

The analyst comments "We open 30-days positive catalyst watch considering: (1) Xpeng delivered 20,002 units of sales in Oct (G6 delivery at 8,741 units), which beat market... More

Deutsche Bank says losses may extend but will not derail EV transition

October 31, 2023 1:59 PM EDT

As emerging electric and legacy automakers voice concerns over what appears to be a deceleration of demand for battery electric vehicles, Deutsche Bank research analysts believe the existing BEV losses may extend but will not halt the industrys movement towards an EV transition.

During our IAA conference there was a debate if BEV adoption is slowing. This has now become a full blown concern about a potential EV demand meltdown. Writes Deutsche Bank analysts in a... More