MARKET COMPOSITE
XPEV - XPeng Inc8:00:02 PM 7/26/2024
Price
$8.51
+ 0.31 (3.78%)
Xpeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers in China. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers' mobility experience, Xpeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. Xpeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley and San Diego. The Company's Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou, located in Guangdong and Henan provinces, respectively.
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Stock news

    Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?

    XPeng Inc. Sponsored ADR (XPEV) reachead $8.20 at the closing of the latest trading day, reflecting a +1.86% change compared to its last close.

    China is expanding its stimulus program by approximately 300 billion yuan ($41.5 billion) to subsidize purchases of passenger vehicles and consumer electronics, aiming to boost stagnant retail spending. The update boosted Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV), and Li Auto Inc. (NASDAQ:LI). The National Development and Reform Commission and the Ministry of Finance made a joint announcement on Thursday. The funding will come from the 1 trillion yuan

    Xpeng plans to unveil an update to its autonomous driving software next week, as the Guangzhou-based electric vehicle builder and partner of Volkswagen tries to steal a march on Tesla before the US carmaker's release of its Full Self-Driving (FSD) software in mainland China. Xpeng's XOS 5.2.0 advanced driver assistance system (ADAS) is scheduled for release through its over-the-air software update on July 30, the carmaker said. Senior executives and designers will shed light on how the update ca

    XPeng on Monday said it would co-develop electrical/electronic architecture with Volkswagen for the latter's vehicles produced in China.

    Chinese electric vehicle stocks, including NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV), are trading higher Monday. China, a key AI chip and electric vehicle market, faces several economic challenges, including weak growth in the second quarter and looming deflation. On Monday, the People’s Bank of China (PBOC) announced that it would cut the seven-day reverse repo rate to 1.7% from 1.8% and reduce the one-year loan prime rate (LPR) to 3.35% from 3.45%. Additionally, Ch

    To support rollout of new EV architecture due by 2026

    Volkswagen Group has extended its collaboration with Chinese electric vehicle (EV) maker Xpeng with the two companies signing an agreement to develop systems that enhance intelligent driving abilities. The two carmakers also pledged to enhance their partnership and develop new models with the aim to save costs as competition intensifies on mainland China, the world's largest automotive market. Xpeng announced in a Hong Kong stock exchange filing on Monday the establishment of project houses in G

    The new establishments, to be located in China's Guangzhou and Hefei, are warehouses for engineers from both parties to work together. The warehouses are aimed at helping the parties begin production for jointly-developed architecture - configuration of electronic components, modules, and network within a vehicle - two years from now. "From 2026, all electric vehicles of the Volkswagen brand in China will be equipped with this very powerful and efficient architecture," said Ralf Brandstätter, ...

    XPENG and the Volkswagen Group will jointly develop industry-leading E/E Architecture for all locally produced vehicles based on Volkswagen’s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platformThe first vehicle equipped with the jointly developed E/E Architecture will SOP (Start of Production) within approximately 24 monthsBoth parties will actively explore further collaboration opportunities to expand the scope of the usage of the jointly developed E/E Architecture GUANGZ