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

Saudi PIF in discussions to invest in Chinese EV brand

According to individuals with knowledge of the situation, the sovereign wealth fund of Saudi Arabia is currently negotiating an investment of no less than $250 million in Human Horizons Group, a Chinese electric-vehicle manufacturer.

A move supporting the kingdoms initiative to establish a local automotive sector.

The sources disclosed that the Public Investment Fund (PIF) might secure a stake in the Shanghai-based company at a valuation of $3 billion. They added that while an agreement could potentially be reached within the... More

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

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

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

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

XPeng (XPEV) releases record high October sales results

Chinese 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