Xpeng Inc Stock Price, News & Analysis

XPeng Inc. (NYSE: XPEV, HKEX: 9868), a leading Chinese smart electric vehicle company, announced its inclusion in the Shenzhen-Hong Kong Stock Connect programs starting February 9, 2022. This milestone allows qualified Mainland Chinese investors to access XPeng's shares, enhancing its investor base and growth opportunities. Notably, XPeng is the first smart EV company listed in Hong Kong to join this program. The company's shares have been trading on the HKEX since July 7, 2021, and are fully fungible with its American Depositary Shares on the NYSE.

XPeng Inc. announced its vehicle delivery results for January 2022 with a total of 12,922 Smart EVs delivered, marking a 115% year-over-year increase. This achievement reflects consistent growth, maintaining a monthly benchmark of over 10,000 units for the fifth consecutive month. As of January 31, 2022, cumulative deliveries exceeded 150,000. The delivery figures included 6,707 P7 smart sports sedans, 4,029 P5 smart family sedans, and 2,186 G3 and G3i SUVs.

XPENG, a Chinese smart electric vehicle company, has introduced an upgraded voice assistant for its P7 smart sedan, leveraging Microsoft's custom neural voice technology via Azure AI. This over-the-air (OTA) upgrade enhances voice interaction with lifelike fidelity and functionality, aiming to improve the user experience. The technology aims to minimize network reliance and enhance speech quality, indicating XPENG's commitment to integrating advanced AI solutions into its vehicles. Future updates are planned for other models.

XPeng Inc. announced record delivery figures for December 2021, achieving 16,000 Smart EVs, a 181% increase year-over-year. The company delivered 41,751 vehicles in Q4 2021, up 222% annually, and a total of 98,155 vehicles for the year, marking a 263% increase. Cumulative deliveries reached 137,953 by year-end. The December deliveries included 7,459 P7 sedans and 5,030 P5 family sedans, showcasing robust demand and growth amidst supply chain challenges.

XPeng Inc. announced the delivery of 15,613 Smart EVs in November 2021, a remarkable 270% year-over-year increase. The P7 model led with 7,839 deliveries, up 187% from last year. Year-to-date deliveries reached 82,155, a 285% increase, with total cumulative deliveries at 121,953. In November, XPeng also revealed the new G9 SUV, set to launch in Q3 2022. The Company continues to expand its supercharging network, with 550 stations now operational in China.

XPeng Inc. reported its Q3 2021 results with 25,666 vehicle deliveries, marking a 199.2% increase year-over-year. Total revenues reached RMB5,719.9 million (US$887.7 million), up 187.4% from Q3 2020, while gross margin expanded to 14.4%. Despite strong delivery growth, the company posted a net loss of RMB1,594.8 million (US$247.5 million), an increase from the prior year. Looking ahead, XPeng anticipates Q4 vehicle deliveries between 34,500 and 36,500 and revenue between RMB7.1 billion and RMB7.5 billion.

XPeng Inc. unveiled its new G9 flagship smart SUV at the Guangzhou International Automobile Exhibition. This model is designed for both international and Chinese markets, complying with dual C-NCAP and E-NCAP safety standards and international environmental requirements. Key features include the advanced X-EEA 3.0 architecture, XPILOT 4.0 driver assistance, and XPower 3.0 supercharging technology. The G9 offers a stylish, minimalist design and has the capability to charge up to 200 km in just 5 minutes, reinforcing XPeng's commitment to sustainable mobility.

XPeng Inc. (NYSE: XPEV) is set to unveil its new smart electric vehicle at the 19th Guangzhou International Automobile Exhibition on November 19, 2021. The event will be led by Co-founder and President Henry Xia and will feature a live broadcast in Chinese at 11AM GMT+8, with an English replay available at 4PM GMT+8. This launch aims to strengthen XPeng's position in the rapidly growing electric vehicle market in China, targeting technology-savvy consumers.