Xpeng Inc Stock Price, News & Analysis

XPeng Inc. (NYSE: XPEV) has launched its next-gen Smart Electric Platform Architecture, SEPA2.0, designed to enhance R&D efficiency and optimize costs. SEPA2.0 aims to reduce the R&D cycle for new models by 20%, while 80% of its components will be compatible with future vehicle models. This architecture can support various vehicle types, including SUVs and sedans. The first model, XPENG G6 Ultra Smart Coupe SUV, will debut on April 18 at Auto Shanghai 2023. Additionally, the new architecture improves efficiency across multiple systems, such as XPENG's Advanced Driver Assistance System (ADAS) and Xmart OS in-car operating system. Overall, SEPA2.0 is expected to accelerate technological advancements and enhance customer value.

XPeng Inc., a leading Chinese smart EV manufacturer, will host a press briefing on April 16, 2023, showcasing its next-generation vehicle technology architecture. The event will be led by Chairman and CEO He Xiaopeng and will be broadcast live. Additionally, XPeng is set to debut its next production model at Auto Shanghai 2023 on April 18, 2023. The model's unveiling will occur from 09:40 – 10:00 AM Beijing time. An English replay of both events will be available, ensuring accessibility for a global audience. XPeng aims to drive smart EV transformation, appealing to tech-savvy consumers. For more details, visit XPENG's official site.

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle company, announced the release of its 2022 Environmental, Social and Governance (ESG) Report. This report highlights significant strides made in sustainability and corporate governance, including reducing carbon emissions by approximately 1.72 million metric tons compared to conventional vehicles. XPeng's annual charging capacity reached over 322 million kWh, resulting in a cumulative reduction of about 577,200 tons of carbon emissions. The Zhaoqing Plant was awarded as a 'Green Plant' by the Ministry of Industry and Information Technology. Additionally, XPeng achieved a 96% customer satisfaction rate, reflecting its commitment to quality and service improvement.

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle company, filed its annual report on Form 20-F with the SEC for the fiscal year ending December 31, 2022, on April 12, 2023. This report contains the Company’s audited consolidated financial statements and is available on the SEC’s website as well as XPeng’s investor relations website. Shareholders can request a hard copy of the annual report free of charge by contacting the Investor Relations Department. XPeng continues to innovate in the smart EV sector, focusing on advanced driver-assistance systems and in-car intelligent operating systems, and aims to meet the needs of technology-savvy consumers in the growing EV market.