XPeng posted strong Q3 earnings, with total gross margins exceeding 20% and robust delivery growth driven by Mona 03 and X9 models. XPEV's delivery momentum, especially in low-cost EVs, positions it as a profitable start-up among Chinese EV peers, outpacing NIO and Li Auto in Q3 delivery growth. The launch of the X9 Extended-Range Edition and upcoming G6 SUV, alongside robotaxi trials, are key 2026 catalysts supporting further delivery and margin expansion.
XPeng, NIO, and Li Auto delivered a combined 106,184 vehicles in November, up about 6% year over year.
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XPeng reports a third-quarter per-share loss of 1 cent from sales of $2.9 billion.
Chinese electric vehicle maker XPeng forecast fourth-quarter revenue below estimates on Monday, as a prolonged price war and intensifying competition in the world's largest auto market threaten to slow its growth.
The carmaker extended its strong sales streak despite a competitive Chinese auto market, driven by its advanced autonomous-driving technology and strong product mix.
XPeng (NYSE: XPEV) received a major vote of confidence from Wall Street this week after JPMorgan analyst Nick Lai doubled the firm's price target to $50, up from $25, while maintaining an Overweight rating.
XPeng Inc. Sponsored ADR (XPEV) reached $26.38 at the closing of the latest trading day, reflecting a -3.3% change compared to its last close.
XPENG's combination of surging EV deliveries, a refreshed product lineup, and bold move into AI-driven mobility positions the company as a potential long-term winner.
XPeng is positioned as a leading Chinese EV innovator, rivaling Tesla with advanced AI and semiconductor technology. XPEV's proprietary Turing AI chip and Vision Language Action model underpin its competitive edge in autonomous driving and robotics. Expansion into Europe, robotaxi ventures with Alibaba, humanoid robots, and a 6-seat flying car highlight XPEV's diversified growth strategy.
Chinese electric car company Xpeng said Wednesday that it plans to start testing robotaxis in Guangzhou and other Chinese cities next year. Xpeng also showed off a new humanoid robot, with plans for mass production by the end of 2026.
The Nasdaq-listed company is set to become the first Chinese carmaker to launch a self-developed robotaxi.