Xpeng Inc Stock Price, News & Analysis

XPeng Inc. announced its delivery results for October 2021, reporting a total of 10,138 Smart EVs delivered, marking a 233% increase year-over-year. The P7 model led deliveries with 6,044 units sold, a 187% increase. Year-to-date deliveries reached 66,542, reflecting a 289% increase since last year. Cumulative deliveries have exceeded 100,000. XPeng continues to expand its supercharging network, servicing 1,648 stations across 221 cities in China.

XPeng Inc. (NYSE: XPEV) showcased significant advancements at its 1024 Tech Day in Guangzhou, including the rollout of XPILOT 4.0 in 1H 2023 and innovations in high-voltage supercharging technology. The company announced design plans for a new flying car and introduced autonomous robotic technology, aiming to enhance its smart mobility ecosystem. XPILOT 3.0 has successfully assisted over 11 million kilometers of driving, indicating strong customer adoption and technological leadership in smart driver assistance.

XPeng Inc. (NYSE: XPEV) will host its 2021 TECH DAY event on October 24, 2021, in Guangzhou, China. Chairman and CEO HE Xiaopeng will discuss the company's strategic initiatives, including advancements in smart electric vehicles and autonomous driving technology. The live event in Chinese starts at 10:00 a.m. Beijing time, with English replay available from October 25.

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XPeng Inc. (NYSE: XPEV) has released its inaugural Environmental, Social, and Governance (ESG) Report, showcasing its commitment to sustainability. Notably, XPeng achieved an 'AA' MSCI ESG rating for the second consecutive year, leading all automotive companies globally. The company highlighted key metrics such as a 5,520-ton reduction in CO₂ emissions in 2020 and a 100% recycling rate for solid waste as of May 2021. XPeng has also maintained exceptional safety records and continues to prioritize an inclusive company culture.

XPeng Inc. reported a record 10,412 vehicle deliveries in September 2021, marking a remarkable 199% increase year-over-year and a 44% increase from the previous month. The company achieved a quarterly milestone with 25,666 deliveries in Q3 2021, also reflecting a 199% year-over-year growth. Year-to-date deliveries totaled 56,404, a staggering 301% increase from the prior year. Notably, the P7 model was a significant contributor, reaching 7,512 deliveries in September alone.

XPeng Inc. has announced the upcoming showcase of its fifth-generation flying vehicle, the XPeng X2, at the 13th Airshow China 2021, starting on September 28 in Zhuhai, Guangdong. The X2 features autonomous flight capabilities, real-time environmental perception, and is powered by XPeng's supercharging technology. Weighing 560 kg, it can carry two passengers at speeds up to 130 km/h. This electric vehicle aims to revolutionize urban air mobility with zero carbon emissions and has already completed over 15,000 safe, manned flights.

XPeng Motors has officially launched its third production model, the XPeng P5 smart family sedan, enhancing smart EV technology and safety. Available in six configurations, prices range from RMB 157,900 to RMB 223,900 (US$24,484 to US$34,717), with deliveries to commence in China at the end of October 2021. The P5 features advanced driver assistance technologies, including LiDAR for improved safety and navigation. Notably, it includes a reconfigurable interior, enhancing user comfort and versatility.

XPeng Inc. (NYSE: XPEV) is set to debut its third production model, the XPeng P5 smart family sedan, on September 15, 2021, in China. Customer deliveries are expected to commence in October 2021. The P5, recognized as the world’s first mass-produced smart car equipped with LiDAR, has already garnered strong pre-sale interest with prices ranging from RMB160,000 to 230,000. The launch event will be live-streamed at 7:30 PM Beijing time.

XPeng Inc. reported impressive vehicle delivery results for August 2021, delivering 7,214 Smart EVs, a 172% increase year-over-year. Notably, P7 deliveries hit a record 6,165 units, marking a 209% rise. Year-to-date, total deliveries reached 45,992 vehicles, up 334% year-over-year. The company is transitioning G3 production to the G3i model, affecting some August deliveries, with expectations to commence G3i deliveries in September. Additionally, the P5 family sedan is set to launch on September 15, with deliveries starting in October.