XPeng To Present First Flagship MPV Model XPENG X9 At Auto Guangzhou This Week, Shares Up
Portfolio Pulse from Nabaparna Bhattacharya
XPeng Inc. (NYSE:XPEV) will present its first flagship MPV model, the XPENG X9, at Auto Guangzhou 2023. The X9, which debuted on XPeng's 2023 Tech Day, features a futuristic design and is built on the SEPA2.0 Smart EV architecture. It includes an 800V high-voltage SiC architecture and XOS Tianji cabin software. XPeng reported a record 20,002 smart EV deliveries in October, a 292% increase year-over-year. The company's Q3 FY23 earnings will be released on November 15, 2023. XPEV shares rose by 4.47% to $16.36.
November 14, 2023 | 3:59 pm
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XPeng Inc. is showcasing its new flagship MPV model, the XPENG X9, at Auto Guangzhou 2023, indicating strong product innovation and market growth.
The presentation of XPeng's new flagship MPV model, the XPENG X9, at a major auto show is a significant event that showcases the company's innovation and commitment to the EV market. The positive reception of the vehicle and the record delivery numbers reported for October suggest strong growth momentum, which is likely to be viewed favorably by investors. The upcoming Q3 earnings release could provide further insights into the company's financial health and future prospects. The recent increase in stock price reflects investor optimism and could continue in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100