XPeng (XPEV) Stock

XPeng Inc.'s eye-watering rally since August was dampened after the company reported a tempered sales outlook for Q4 this week. Despite optimism for accelerating volume growth, the comparatively softer strength in XPeng's revenue prospects highlights imminent ASP pressures. Looking ahead, the introduction of four new models next year, alongside the implementation of an EREV strategy, is likely to reduce visibility on its longer-term fundamental trajectory.

Chinese electric car maker Xpeng is expected to break even sometime later in 2025, its President Brian Gu said, betting on strong demand for its new models and a steady overseas expansion to improve its profitability.

Brian Gu of Xpeng talks about his company's AI strategy, believing that it will improve driving systems and customer experience. He still sees Europe as a key market despite tariff risks, and is focusing on building up local capacity within Europe.

XPEV reports third-quarter revenues of $1.44 billion due to strong growth in year-over-year deliveries.

XPeng's stock gains after quarterly results top expectations, and the deliveries outlook was upbeat.

XPeng reports a third-quarter loss that was narrower than expected.

Chinese electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday, thanks to new car models and improving domestic market.

Quarterly total revenues were RMB10.10 billion, a 24.5% increase quarter-over-quarter Quarterly gross margin was 15.3%, reaching a historical high, an increase of 18.0 percentage points over the same period of 2023 GUANGZHOU, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the three months ended September 30, 2024. Operational and Financial Highlights for the Three Months Ended September 30, 2024   2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2               Total deliveries 46,533 30,207 21,821 60,158 40,008 23,205               Total deliveries of vehicles were 46,533 for the third quarter of 2024, representing an increase of 16.3% from 40,008 in the corresponding period of 2023.

XPENG will launch in the UK in early 2025 with the introduction of the advanced G6 mid-size SUV, offering British consumers high-performance, sustainable mobility International Motors Ltd (IML) official XPENG distributor for the UK IML will establish a broad network to provide sales and after sales services to UK customers The UK is a priority market for XPENG's European expansion, reflecting the brand's commitment to global growth and aligning with the UK's rapid shift towards electric vehicles and sustainability LONDON, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XPENG, a leading Chinese high-tech car company, is thrilled to announce a strategic partnership with International Motors Ltd (IML) as its official distributor in the UK. This partnership marks a significant step in XPENG's global expansion, particularly in Europe, and underscores its commitment to delivering AI-driven, sustainable mobility solutions worldwide.