Streetbeat News

XPEV

XPeng Inc.

Industry

Auto - Manufacturers

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.

Open

12.70

Mkt cap

13B

Volume

12M

High

12.81

P/E Ratio

-10.53

52-wk high

18.74

Low

12.34

Div yield

N/A

52-wk low

6.55

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), NIO (NIO), Dutch Bros (BROS), XPeng (XPEV), General Motors (GM), Chipotle Mexican Grill (CMG), MGM Resorts (MGM), Advance Auto Parts (AAP), VFS Global (VFS), and Carvana (CVNA). The article provides detailed information about the put/call trades, sentiments, expiration dates, strike prices, total trade prices, open interests, and volumes for each stock.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 5:35 pm

Electric vehicle (EV) stocks saw gains this week, with Tesla (TSLA) benefiting from an upgrade by Morgan Stanley and the potential of its Dojo supercomputer. Tesla's Giga Mexico construction could start soon, and the company is planning to raise $1.8 billion through securitization of its electric car leases. Nikola (NKLA) CEO Steve Girsky addressed concerns over a recall of its battery-electric trucks, stating it does not affect production or deliveries of the fuel-cell electric vehicle. Rivian (RIVN) held its own in the EV market, with registrations for its vehicles increasing in July. Faraday Future (FFIE) saw a jump in shares after a video of a reality TV personality taking delivery of his FF 91 2.0 Futurist Alliance. Volkswagen (VWAGY) plans to cut staff due to low demand for electric cars.

Portfolio Pulse from Shanthi Rexaline

September 16, 2023 | 1:05 pm

Chinese EV stocks are trading lower following the EU's announcement of an anti-subsidy investigation into Chinese EVs. The EU is concerned that these subsidies could be distorting the EU market.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:05 pm

Chinese electric vehicle (EV) stocks XPeng Inc (XPEV), NIO Inc (NIO), and Li Auto Inc (LI) are trading lower after the European Union (EU) announced plans to launch an anti-subsidy investigation into Chinese EVs. The investigation reflects the EU's concerns about China's practices in the EV trade and the impact of cheaper Chinese EVs on the EU market. If found guilty, the manufacturers could face punitive tariffs. The EU is also considering measures to improve financing access and auction systems for the wind industry, which faces similar competition challenges from China.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 12:39 pm

Several US-listed stocks traded lower in Wednesday's pre-market session. Evolution Petroleum Corporation (EPM) dipped 13.9% after reporting downbeat Q4 results. Aurora Cannabis (ACB), Canopy Growth Corporation (CGC), Granite Ridge Resources (GRNT), WeWork (WE), POSCO Holdings (PKX), Squarespace (SQSP), XPeng (XPEV), and NIO (NIO) also recorded losses. Squarespace priced its secondary offering of 5 million class A common shares at $29 per share. Shares of China EV makers fell following report of possible EU tariffs.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 10:02 am

XPeng Aeroht, affiliated with Chinese EV manufacturer XPeng Inc, announced the successful completion of another autonomous flight test for its X2 flying car. The X2 is a two-seater flying car with both manual and autonomous driving modes. XPeng Co-President Brian Gu believes the flying car industry’s success hinges on vehicle safety, cost-effectiveness, supportive government regulations, and customer acceptance. XPeng plans for mass production and customer deliveries of the X2 flying car by 2024.

Portfolio Pulse from Anan Ashraf

September 13, 2023 | 9:46 am

Shares of Chinese electric vehicle (EV) manufacturers are trading lower in the premarket following reports of potential tariffs by the European Union (EU). The companies mentioned include BYD Co Ltd (BYDDF), Li Auto Inc. (LI), NIO Inc. (NIO), and XPeng Inc. (XPEV).

Portfolio Pulse from Charles Gross

September 13, 2023 | 8:54 am

The European Commission has initiated an investigation to determine if tariffs are necessary on Chinese electric vehicle manufacturers that are benefiting from state subsidies. This could potentially impact Chinese EV manufacturers listed in the US, including BYD Co Ltd (BYDDF), Li Auto Inc. (LI), NIO Inc. (NIO), and XPeng Inc. (XPEV), as well as the iShares China Large-Cap ETF (FXI).

Portfolio Pulse from Charles Gross

September 13, 2023 | 8:52 am

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable stocks include Tesla (TSLA), Ford (F), XPeng (XPEV), Abercrombie & Fitch (ANF), GameStop (GME), Airbnb (ABNB), VF Corporation (VFC), Li Auto (LI), Harley-Davidson (HOG), and Rivian (RIVN). The activity includes both bullish and neutral sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 5:35 pm

XPeng Inc. (NYSE:XPEV) shares are trading higher amid strong August electric vehicle sales in China. The China Association of Automobile Manufacturers reported an 8.5% quarter-over-quarter and 27% year-over-year increase in sales. In the first eight months of 2023, sales rose 1.8% year-over-year to 13.38 million units.

Portfolio Pulse from Ryan Gustafson

September 11, 2023 | 7:05 pm

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