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XPENG and the Volkswagen Group Announce Entry into Master Agreement on Strategic Technical Collaboration and Joint Sourcing Program
Newsfilter· 2024-02-29 00:00
XPENG and the Volkswagen Group entered into Master Agreement on Platform and Software strategic technical collaborationXPENG and the Volkswagen Group entered into Joint Sourcing Program to jointly reduce the cost of the PlatformThe joint development of B-class BEVs under Volkswagen brand has achieved a major project development milestone GUANGZHOU, China, Feb. 29, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ((" XPENG, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company and the Volkswagen Group ...
XPeng Inc. Sponsored ADR (XPEV) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-02-27 23:56
XPeng Inc. Sponsored ADR (XPEV) closed the most recent trading day at $9.38, moving +1.74% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.17%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq added 0.37%.The the stock of company has risen by 3.36% in the past month, lagging the Auto-Tires-Trucks sector's gain of 11.33% and the S&P 500's gain of 3.8%.The investment community will be paying close attention to the earnings performance of XPeng Inc. Sponsored ADR i ...
XPENG to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Tuesday, March 19, 2024
Newsfilter· 2024-02-26 09:00
GUANGZHOU, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its fourth quarter and fiscal year 2023 unaudited financial results on Tuesday, March 19, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on March 19, 2024 (8:00 PM Beijing/Hong Kong Time on March 19, 2024). For participants who ...
XPENG to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Tuesday, March 19, 2024
GlobeNewsWire· 2024-02-26 09:00
GUANGZHOU, China, Feb. 26, 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 that it will report its fourth quarter and fiscal year 2023 unaudited financial results on Tuesday, March 19, 2024, before the open of U.S. markets. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on March 19, 2024 (8:00 PM Beijing/Hong Kong Time on March 19, 2024). For ...
XPEV Stock Alert: Xpeng Expands to 5 New Countries
InvestorPlace· 2024-02-23 16:04
Xpeng (NYSE:XPEV) stock is falling on Friday despite the electric vehicle (EV) company announcing plans to expand its operations to five new countries.Xpeng is going to expand its business to include UAE, Egypt, Azerbaijan, Jordan and Lebanon. This is through a partnership with UAE-based Ali&Sons. That covers its G6 and G9 SUV models as well as its P7 sedan.In addition to this, Xpeng is building on its European expansion with plans to offer its EVs in Italy. The company previously said it planned to expand ...
XPeng Inc. Sponsored ADR (XPEV) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-02-21 23:56
In the latest trading session, XPeng Inc. Sponsored ADR (XPEV) closed at $9.08, marking a +0.89% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.13%. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, lost 0.32%.Shares of the company have depreciated by 7.41% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 1.7% and the S&P 500's gain of 2.99%.Market participants will be closely following the financial results of XPeng I ...
XPeng stock just got a target boost, analysts say it could double
MarketBeat· 2024-02-20 11:20
Key PointsBig investors are trickling into the Chinese stock market after new rounds of stimulus have made the value and growth proposition more evident for them.As part of a consumer play on cheap financing, the automotive sector could land on XPeng stock as its favorite name.Head and shoulders over competitors in projected growth and price targets justify a second look.5 stocks we like better than Morgan StanleyMost investors have found investing in Chinese stocks an almost impossible task today. Some dee ...
Xpeng commits to investing in AI: find out more
Invezz· 2024-02-19 13:14
Xpeng Inc (NYSE: XPEV) is in focus this morning after the electric vehicles company announced plans of going on a hiring spree.Xpeng to hire 4,000 new employeesCopy link to sectionThe EV maker based out of Guangzhou, China will hire a total of around 4,000 new employees. It will also invest ¥3.5 billion ($486.2 million) in artificial intelligence to enhance “intelligent driving” on its vehicles, as per He Xiaopeng – the chief executive of Xpeng Inc.“Xpilot” – its driver assistance system is currently capabl ...
Xpeng plans to hire 4,000 people, invest in AI as CEO warns intense EV rivalry may end in 'bloodbath'
CNBC· 2024-02-19 11:58
In this articleXPEV9868-HKThe Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai, April 18, 2023.VCG | Visual China Group | Getty ImagesXpeng plans to hire 4,000 new people and invest in artificial intelligence technology, according to the company's CEO, who warned of intense competition in the electric vehicle space which could end in a "bloodbath."He Xiaopeng, the CEO of EV maker Xpeng, said in a let ...
XPeng Inc. Sponsored ADR (XPEV) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-02-15 23:56
XPeng Inc. Sponsored ADR (XPEV) ended the recent trading session at $9.16, demonstrating a +1.89% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.58%. At the same time, the Dow added 0.91%, and the tech-heavy Nasdaq gained 0.3%.Heading into today, shares of the company had lost 10.99% over the past month, lagging the Auto-Tires-Trucks sector's loss of 1.49% and the S&P 500's gain of 4.61% in that time.The investment community will be closely monitoring the perf ...