XPeng Inc delivered 229% year-over-year growth in July, achieving record sales and the EV firm could potentially crack 500k deliveries this year if momentum holds up. Despite impressive delivery momentum, XPeng still lags rivals Li Auto and BYD in terms of gross margins. Shift towards higher-priced EVs needed in order to improve margins going forward.
In the latest trading session, XPeng Inc. Sponsored ADR (XPEV) closed at $18.4, marking a -2.85% move from the previous day.
Here is how Geely Automobile Holdings Ltd. (GELYY) and XPeng Inc. Sponsored ADR (XPEV) have performed compared to their sector so far this year.
In the closing of the recent trading day, XPeng Inc. Sponsored ADR (XPEV) stood at $19.13, denoting a +1.59% move from the preceding trading day.
Chinese electric vehicle maker Xpeng's planned hires for this year have been revised up to 8,000 from 6,000, founder He Xiaopeng said in an internal speech.
XPeng Inc. Sponsored ADR (XPEV) reached $17.92 at the closing of the latest trading day, reflecting a +1.59% change compared to its last close.
In the closing of the recent trading day, XPeng Inc. Sponsored ADR (XPEV) stood at $17.65, denoting a -1.56% move from the preceding trading day.
XPEV begins deliveries of its G7 SUV, featuring the powerful Turing AI chip and strong demand outpacing Tesla's Model Y in Shanghai.
XPEV's diversified price points and ADAS offerings (even for mass market models) have grown sales by the triple digits on a YoY basis. This is likely to be aided by the growing presence globally from H2'25 onwards, as the automaker reports improving top/ bottom-lines and expands its global sales effort. Combined with the richer balance sheet, we believe that XPEV's cash bridge to profitability is more than enough, no matter the H2'25 uncertainties from the halted EV subsidies.
XPeng Inc. Sponsored ADR (XPEV) concluded the recent trading session at $17.88, signifying a -1.38% move from its prior day's close.
XPeng's surging deliveries, stronger revenue growth and tech innovation edge put it ahead of rival NIO in China's EV race.
XPeng's 2025 China sales surged to 72% of Tesla's, up from 17% last year, showcasing rapid market share gains. Strong Mona M03 model sales and growing exports signal XPeng's increasing global competitiveness. XPeng's tech edge, including high XNGP adoption and new ADAS insurance, boosts its valuation potential.