Welcome to our dedicated page for Xpeng news (Ticker: XPEV), a resource for investors and traders seeking the latest updates and insights on Xpeng stock.
XPeng Inc. (XPEV) is a leading innovator in smart electric vehicles, integrating advanced autonomous driving systems with AI-powered mobility solutions. This dedicated news hub provides investors and industry observers with essential updates on XPeng's technological advancements, market strategies, and operational milestones.
Access authoritative coverage of XPeng's quarterly financial results, vehicle technology breakthroughs, manufacturing expansions, and strategic partnerships. Our curated collection includes official press releases about new model launches, software updates for XPeng's Navigation Guided Pilot system, and international market entries across Europe and Asia.
Stay informed about developments in XPeng's full-stack autonomous driving research, battery technology innovations, and smart manufacturing processes. The resource is particularly valuable for tracking the company's progress in ADAS capabilities and its competition within the global smart EV sector.
Bookmark this page for streamlined access to XPeng's latest business updates, regulatory filings, and leadership announcements. Regularly updated content ensures you maintain current awareness of this dynamic company's position in the evolving electric vehicle industry.
XPeng Inc. (NYSE: XPEV) announced that its P7 electric sports sedan has received a 5-star rating from the i-VISTA intelligent vehicle testing platform, becoming the first vehicle in China to achieve this rating. The P7 excelled in areas such as smart driving, safety, interaction, and energy efficiency, gaining 'Excellent' ratings across multiple categories including lane change assist and AEB emergency braking. The vehicle boasts advanced autonomous driving features powered by a range of sensors and a high-performance Qualcomm chip, enhancing its interactive capabilities and driving experience.
XPeng Inc., a prominent Chinese smart electric vehicle company, has launched the G3i smart SUV, a revamped version of the original G3, priced between RMB149,800 and RMB185,800 post-subsidies. Deliveries are set to commence in September 2021. The G3i features a modern exterior design, enhanced intelligent systems, and an advanced autonomous driving assistance system. The original G3 has been successful in the market, ranking first in insurance registrations for A-class pure electric SUVs in Q1 2021. XPeng aims to attract younger consumers with over 50 customizable design options.
XPeng Inc. (NYSE: XPEV, HKEX: 9868.HK), a leading Chinese smart electric vehicle company, will be added to the Hang Seng Composite Index after market close on July 20, 2021. This inclusion is a result of meeting the Fast Entry Rule, effective July 21, 2021. XPeng will also join the Hang Seng Composite Industry Index - Consumer Discretionary and several other indices. This milestone marks XPeng as the first Smart EV company dual-listed on NYSE and HKEX, enhancing capital access and diversifying its investor base.
XPeng Inc. (NYSE: XPEV) reported a record of 6,565 Smart EV deliveries in June 2021, reflecting a remarkable 617% increase year-over-year and a 15% rise from May 2021. The total for Q2 2021 reached 17,398 deliveries, a 439% surge from the previous year. The June numbers comprised 4,730 P7s and 1,835 G3s, boosting year-to-date deliveries to 30,738 units, up 459%. The company plans to launch the G3i SUV in July and P5 sedan in Q3 2021, featuring advanced LiDAR technology. XPeng aims to drive innovation in the smart EV sector.
XPeng Inc. (NYSE: XPEV) has priced its global offering of 85 million shares at HK$165.00 each, approximately US$42.52 per American depositary share (ADS). The gross proceeds are expected to be around HK$14,025 million before fees. The offering consists of both an international and Hong Kong public offering, with shares set to trade on the Hong Kong Stock Exchange starting July 7, 2021. Proceeds will fund product portfolio expansion, advanced technology development, and enhance production capabilities.
XPeng Inc. (NYSE: XPEV) has announced the launch of a Hong Kong public offering as part of a global offering of 85 million new Class A ordinary shares. The Hong Kong offering will consist of 4.25 million shares available to the public and up to 17 million shares subject to adjustments, with a maximum offer price of HK$180.00 per share. Proceeds will be used to enhance product development, marketing strategies, and production capabilities. The offering commences on June 25, 2021, and concludes on June 30, 2021, with shares convertible between Hong Kong and NYSE listings.
XPeng Inc. (NYSE: XPEV) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC on April 16, 2021. The report includes audited consolidated statements and can be accessed through the SEC's website and XPeng's investor relations site. Shareholders can request a free hard copy of the report via email or mail. XPeng specializes in Smart EVs, aiming to drive transformation in the automotive experience using advanced technology and data. The company is headquartered in Guangzhou, China, with manufacturing in Zhaoqing and Zhengzhou.
XPeng Inc. (NYSE: XPEV) has launched the Xmart OS 2.6.0 via an over-the-air upgrade for P7 customers in China. This update introduces the Valet Parking Assist (VPA) beta, along with more than 10 enhanced autonomous driving and voice assistance features. VPA allows for automatic parking without the need for infrastructure modifications, capable of memorizing up to 100 parking spaces and navigating complex scenarios. The P7 Premium and Wing edition models, equipped with XPILOT 3.0, are eligible for this feature following a driver safety test.
XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle company, reported a remarkable 483% year-over-year increase in vehicle deliveries for May 2021, totaling 5,686 Smart EVs. This figure includes a record 3,797 P7 deliveries and 1,889 G3s, marking a 10% increase from April. Year-to-date deliveries reached 24,173, up 427% year-over-year. The strong performance highlights the appeal of XPeng's advanced features and the successful launch of new models, including the P7 Wing edition and LFP battery versions.
XPeng Inc. (NYSE: XPEV) has reported a significant milestone with its smart EVs completing over 380,000 over-the-air (OTA) upgrades. Since January 2019, the company has rolled out 23 firmware updates for its G3 and P7 models, adding 134 new functions and optimizing 2,326 functions. XPeng's advancements in technology allow upgrades across various systems, including autonomous driving and battery management. The launch of the XPILOT 3.0 has enabled the company to monetize its software for the first time, with an attach rate exceeding 25% among eligible P7s.
