Xpeng Inc Stock Price, News & Analysis

XPENG has successfully reached a milestone of 200,000 cumulative smart EV deliveries, showcasing the trust of its customers. The company, which began production in December 2018, delivered 98,155 smart EVs in 2021 alone, outperforming other emerging EV brands in China. XPENG plans to launch its advanced driver assistance feature, City Navigation Guided Pilot, and the flagship SUV, XPENG G9, equipped with next-generation technology in the upcoming months. This achievement confirms XPENG's reliability and commitment to innovation in the smart EV market.

XPeng Inc. (NYSE: XPEV) reported a robust delivery performance in May 2022, with a total of 10,125 vehicles delivered, marking a 78% year-over-year increase. The delivery breakdown includes 4,224 P7 sedans, 3,686 P5 sedans, and 2,215 G3 SUVs. Year-to-date deliveries reached 53,688, a 122% increase compared to the same period last year. The company resumed double-shift production at its Zhaoqing plant in mid-May, as supply chains recover. Upcoming features include innovative adaptive cruise control and lane control through OTA updates.

XPeng Inc. (NYSE: XPEV), a top Chinese smart electric vehicle company, released its 2021 Environmental, Social and Governance (ESG) Report, highlighting its commitment to sustainability and innovation. The report reveals that XPeng's Smart EVs are projected to reduce CO₂ emissions by approximately 1 million metric tons over their life cycle, and the company has cut energy consumption density by 50% year-over-year. XPeng emphasizes its leadership in the Smart EV sector, showcasing significant achievements in product safety and quality, including multiple industry awards.

XPeng reported its Q1 2022 financial results with total revenues of RMB7,454.9 million, marking a 152.6% year-over-year increase. Vehicle deliveries surged to 34,561, a 159% increase year-over-year. The gross margin improved to 12.2%. However, the company faced a net loss of RMB1,700.8 million, increasing 116.2% year-over-year. Despite challenges like semiconductor shortages, XPeng continues to expand its market share with plans for advanced driver-assistant systems. The company expects Q2 2022 vehicle deliveries between 31,000 and 34,000.

XPeng Inc. (NYSE: XPEV) reported impressive vehicle delivery results for April 2022, delivering 9,002 Smart EVs, a 75% year-over-year increase. This includes 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, and 1,724 G3i and G3 compact SUVs. Year-to-date, total deliveries reached 43,563, reflecting a 136% increase compared to the same period last year. The company continues to address challenges posed by COVID, impacting supply chain and manufacturing in China.

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle company, will report its first quarter 2022 unaudited financial results on May 23, 2022, before the U.S. market opens. The management will host a conference call at 8:00 AM ET on the same day. Interested parties can join via various dial-in numbers provided for the U.S., UK, and international callers. A live webcast of the call will be accessible on the company's investor relations website, with a replay available until May 30, 2022.

XPeng Inc. (NYSE: XPEV), a leading smart electric vehicle company in China, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 28, 2022. This report includes the Company’s audited consolidated financial statements and is available on the SEC website and the Company's investor relations site. Shareholders can request a hard copy of the report free of charge. XPeng focuses on technology-driven smart EV solutions and aims to enhance customer mobility experiences.

XPeng Inc. (NYSE: XPEV) announced a strategic cooperation agreement with the Agricultural Bank of China (ABC) Guangdong Branch, securing a comprehensive credit line of up to RMB7.5 billion. This credit will support its subsidiaries and affiliates in China, reflecting the financial institution's trust in XPeng's fundamentals. The agreement aims to diversify funding channels and enhance cash management efficiencies. In 2021, XPeng delivered 98,155 smart EVs, a 263% increase from 2020, with total revenue exceeding RMB20 billion, marking a 259% year-on-year growth.

XPeng Inc. reported a robust performance in March 2022, delivering 15,414 Smart EVs, marking a 202% increase year-over-year and a 148% month-over-month growth. For Q1 2022, total deliveries reached 34,561 vehicles, reflecting a 159% increase year-over-year. Among March deliveries, the P7 smart sports sedan saw an impressive milestone with over 9,000 units delivered. As of March 31, 2022, cumulative deliveries stood at 172,514 vehicles.