Citi opens catalysts call on XPeng (XPEV); reiterates Sell rating
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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 EDTChinese 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 Reiterates Sell Rating on XPeng (XPEV), Opens Catalyst Watch
November 1, 2023 4:00 PM EDTCiti 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 EDTCiti 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
XPeng (XPEV) releases record high October sales results
November 1, 2023 12:17 PM EDTChinese electric vehicle maker, XPeng (NYSE: XPEV) released their October 2023 vehicle delivery report on Wednesday, announcing the companys Smart EV monthly deliveries reached a record high of 20,002 units, representing a 31% increase over the prior month and a 292% increase year-over-year.
This month, XPENG continues to demonstrate its impressive growth, marking the ninth consecutive month of strong results. Additionally, the production output of the XPENG G6 has notably increased, leading to a remarkable single-month... More
Deutsche Bank says losses may extend but will not derail EV transition
October 31, 2023 1:59 PM EDTAs 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
