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) reported strong Q1 2021 results, delivering 13,340 vehicles, up 487.4% YoY, and achieving revenues of RMB2,950.9 million (US$450.4 million), representing a 616.1% increase from Q1 2020. Vehicle sales contributed RMB2,810.3 million, up 655.2% YoY. Gross margin improved to 11.2%, while net loss narrowed to RMB786.6 million (US$120.1 million). Cash reserves stood at RMB36,201 million (US$5,525.4 million). The company projects Q2 deliveries between 15,500 and 16,000 vehicles with revenues of RMB3.4 billion to RMB3.5 billion.
XPeng Motors (NYSE: XPEV) has expanded its own-brand charging network to 1,140 stations across 164 cities in China, featuring 19,019 free charging and supercharging piles. As the first Chinese EV maker to offer free lifetime charging, XPeng emphasizes customer convenience and support for smart EV adoption. Recently, 13 new charging stations were launched along the Sichuan-Tibet expressway, providing access every 170 km. The company plans to extend this network to 200 cities, covering more locations including highways and airports, by the end of 2021.
XPeng Inc. (NYSE: XPEV) will release its unaudited financial results for Q1 2021 on May 13, 2021, before U.S. market opening. An earnings conference call is scheduled for the same day at 8:00 AM ET (8:00 PM Beijing/Hong Kong). Investors can join the call via dial-in or through a webcast available on the Company’s investor relations website. A replay will be accessible for two weeks post-call. XPeng develops smart electric vehicles and focuses on autonomous driving technology and intelligent operating systems.
XPeng Motors (NYSE: XPEV) has launched its latest model, the XPeng P5, touted as the world's first smart EV with automotive-grade LiDAR technology. This model introduces Navigation Guided Pilot (NGP) capabilities for urban driving, leveraging XPeng's autonomous driving system, XPILOT 3.5. The P5 is designed to be family-friendly, featuring advanced tech and spacious interiors. It will be showcased at the upcoming Auto Shanghai 2021 on April 19. The vehicle emphasizes XPeng’s commitment to technological innovation and aims to enhance the user experience in smart EVs.
XPeng Inc. (NYSE: XPEV) will introduce its new XPeng P5 smart sedan during a press briefing on April 14, 2021, in Guangzhou, China. The P5 is notable for being the world's first mass-produced smart EV featuring automotive-grade LiDAR technology, driven by XPeng's autonomous driving system, XPILOT. The event will showcase the P5's design, architecture, and functionalities of the next-generation XPILOT 3.5 system. More details will be revealed at Auto Shanghai 2021 on April 19.
XPeng Inc. (NYSE: XPEV), a Chinese smart electric vehicle company, has signed a cooperation agreement with the City of Wuhan to establish a new Smart EV manufacturing base. With an annual capacity of 100,000 units, the facility will be constructed on over 733,000 square meters, supported by the Wuhan government. This strategic expansion aims to enhance XPeng's supply chain and production capabilities in a key automotive hub, aligning with the significant growth of China’s Smart EV market. The move also aims to create innovation clusters and job opportunities in Wuhan.
XPeng Inc. (NYSE: XPEV) reported impressive delivery results for March and Q1 2021, delivering a total of 5,102 Smart EVs in March, a 384% increase year-over-year, and achieving record quarterly deliveries of 13,340 Smart EVs, up 487% year-over-year. The growth is attributed to enhanced brand recognition, an expanded product lineup, and strategic improvements in sales and service networks. Notably, XPeng has reached a cumulative total of 50,000 Smart EV deliveries and plans to launch new models, including LFP battery-powered vehicles, advancing its autonomous driving technology.
XPeng Inc. (NYSE: XPEV) has announced the successful completion of China's longest real highway autonomous driving challenge, covering over 3,600 km from Guangzhou to Beijing.
The XPeng P7 fleet achieved significant milestones with only 0.71 human driver interventions per 100 km and impressive lane changing success rates of 94.41%. The expedition, conducted from March 19 to March 26, involved 228 auto journalists and industry experts, showcasing the NGP's reliability under various challenging conditions.
XPeng Inc. (NYSE: XPEV), the leading Chinese smart electric vehicle company, announced impressive results from a six-day autonomous driving challenge in China. The P7 fleet, utilizing the Navigation Guided Pilot (NGP) system, demonstrated a low human intervention rate of 0.65 times per 100 kilometers. Success rates for lane changing and overtaking reached between 86.05% to 97.91%, while highway ramp entries and exits achieved up to 96.93%. The NGP also performed consistently during challenging weather conditions, highlighting its reliability and capability in complex driving scenarios.
XPeng Inc. (NYSE: XPEV) has launched China's longest autonomous driving expedition, covering 3,675 km with its XPeng P7 vehicles across six provinces. This event showcases the capabilities of XPeng's Navigation Guided Pilot (NGP), a fully developed autonomous driving solution, in complex driving scenarios. The expedition involves over 200 auto journalists and EV enthusiasts, running from March 19 to 26, visiting 10 cities from Guangzhou to Beijing. NGP provides navigation-assisted driving based on high-precision maps, enhancing the driving experience on highways.
