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

Chinese EV manufacturer XPeng Inc (NYSE:XPEV) expects flying cars to take off in China and globally within the next 5-10 years. The company showcased its X2 eVTOL at Beyond Expo Macao, a battery-powered two-seater flying car designed for short-distance, low-altitude city journeys. Mass production and customer deliveries are planned to begin in 2024.

Portfolio Pulse from Anan Ashraf

June 13, 2023 | 8:21 am

Asset Entities Inc. shares surged 142% after announcing the development of an AI bot for its AE360DDM suite of services on Discord. Other stocks experienced significant movement in Monday's mid-day session, with several companies reporting new developments, acquisitions, and analyst upgrades.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 5:04 pm

U.S. stocks traded higher with Dow Jones gaining over 40 points. Novartis agreed to acquire Chinook Therapeutics for $40 per share in cash. Crude oil dropped 4.4% to $67.07. Consumer discretionary shares jumped by 0.8%, while energy shares fell by 1%.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 4:05 pm

XPeng option alert for June 23 $10.5 calls sweep near the ask with 2,176 contracts at $0.511 versus 113 open interest; stock reference price at $10.27.

Portfolio Pulse from Charles Gross

June 12, 2023 | 1:57 pm

XPeng Inc (NYSE:XPEV) received over 25,000 pre-sale orders in China for its G6 SUV within three days. The G6 is the company's fifth smart EV model and is based on XPeng's next-gen smart electric platform architecture, SEPA2.0.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 1:17 pm

Several stocks recorded gains in today's pre-market trading session, including Chinook Therapeutics, which jumped 66.8% after agreeing to be acquired by Novartis AG. XPeng's shares climbed 9.6% following strong pre-sale orders for its new SUV, the G6. Other notable gainers include Braskem, Paramount Global, Olo Inc., Kingsoft Cloud Holdings, Archer Aviation, Amprius Technologies, Intellia Therapeutics, NIO, and Oracle Corporation.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 10:55 am

XPeng announced that it has received over 25,000 pre-sale orders in China for its G6 SUV within three days, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 10:48 am

XPeng Inc has received over 25,000 pre-sale orders in China for its G6 SUV within three days. The vehicle, which debuted in April, has a maximum range of 755km and can charge 300km in 10 minutes. XPeng reported a 45.9% YoY sales decline in Q1 FY23.

Portfolio Pulse from Anan Ashraf

June 12, 2023 | 10:30 am

XPeng's shares rose 9.5% in premarket trading after the company announced receiving over 25,000 orders for its G6 model within 72 hours of the pre-sale launch.

Portfolio Pulse from Charles Gross

June 12, 2023 | 8:50 am

The White House announced that federal funding for electric vehicle (EV) chargers will be available for Tesla chargers, provided they also have a CCS connection.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 4:03 pm

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