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

Tesla, Nio, and XPeng are competing in the EV market with different strategies. Tesla is focusing on robotaxis and affordable vehicles, while Nio and XPeng are targeting price-sensitive consumers in China. Tesla remains dominant, but Nio and XPeng are gaining momentum.

Portfolio Pulse from Surbhi Jain

September 20, 2024 | 2:36 pm

US-listed Chinese stocks are potentially trading higher due to expectations of a rate cut by the People's Bank of China and recent rate cuts by the US Federal Reserve.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:50 pm

Darden Restaurants' shares rose 7.4% despite missing Q1 earnings and sales estimates. Other stocks like Rezolve AI, Edgewise Therapeutics, and Mobileye Global also saw significant gains. The Dow Jones index surged around 400 points.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:57 pm

Chinese tech stocks, including Alibaba, PDD, JD.com, and Baidu, are rising following a U.S. Federal Reserve interest rate cut. This move is expected to boost discretionary spending and aid Chinese companies investing in AI technology. Chinese EV stocks like NIO, XPeng, and Li Auto are also up. Alibaba's cloud unit will host the Aspara Conference 2024, focusing on AI advancements.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 11:38 am

XPeng Inc. (NYSE:XPEV) shares are trading higher premarket as the company plans to showcase its latest technologies at the Paris Motor Show 2024. XPeng aims to expand its European presence with AI-driven solutions and has asked suppliers to increase parts capacity for its popular M03 model. XPEV stock has lost around 50% in the past year, but is up 6.94% premarket. Investors can also gain exposure through SPDR S&P Kensho Smart Mobility ETF (NYSE:HAIL) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 10:52 am

XPENG Motors (NYSE:XPEV) will participate in the Paris Motor Show 2024, showcasing its latest smart mobility solutions and vehicle model. The company aims to expand its presence in the European market with AI-powered innovations.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:09 am

Chinese EV stocks Nio, XPeng, Li Auto, and Zeekr are trading higher due to the People's Bank of China's plan to cut the reserve requirement ratio. However, these companies face challenges from U.S. and EU tariffs and protectionist policies.

Portfolio Pulse from Anusuya Lahiri

September 17, 2024 | 2:51 pm

The EV market saw significant developments this week. Tesla's sales in China are recovering, Lucid unveiled a midrange EV, Ford plans to restart EV production in India, Canoo withdrew its guidance, and VinFast is under regulatory scrutiny. The KraneShares EV ETF gained 4.47% for the week.

Portfolio Pulse from Shanthi Rexaline

September 14, 2024 | 4:00 pm

The European Union plans to vote on September 25 to potentially raise tariffs on electric vehicles imported from China. This move could impact Chinese EV manufacturers and related markets.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:14 pm

US-listed Chinese EV companies' shares are declining due to reports that the European Commission rejected price adjustment offers to avoid tariffs.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 5:44 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.