XPeng Inc. ADR (XPEV) News
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Latest XPEV News From Around the Web
Below are the latest news stories about Xpeng Inc that investors may wish to consider to help them evaluate XPEV as an investment opportunity.
Chinese smart electric vehicle company, XPeng (XPEV) to deploy Amap’s 3rd-generation in-car navigation system and smart EV sedan XPeng P7 to be the first mass production vehicle to use a Surrounding Reality ((SR)) display for navigation assisted autonomous driving. Amap is China’s leading mapping, navigation and location-based services provider. “The...
XPeng Begins Beta Testing Over-The-Air Autopilot Updates, Launches Advanced In-Car Navigation System
Xpeng Inc – ADR (NYSE: XPEV ), which is positioning itself as the technology leader among China's electric vehicle manufacturers, announced that it has commenced small-scale public beta testing of over-the-air upgrades for its P7 models. What Happened: This marks the first time Xpeng's XPILOT 3.0 autopilot assistance system — Navigation Guided Pilot — is available to users, the company said in a release. The over-the-air upgrade will bring comprehensively improved active safety functions for P7 Zhizun and Zhixiang version users, and also … Full story available on Benzinga.com
China’s electric vehicle market is getting more competitive by the day. Favorable Chinese government policies have given the industry a strong push in the country. As a part of this increasingly hot movement, Xpeng (NYSE:XPEV) is evolving into a notable name in the EV space with a strong foothold in the space. This boost in popularity has helped Xpeng stock outperform the S&P 500 lately, but can the rally continue? Source: Johnnie Rik / Shutterstock.com Most recently, the company reported strong December delivery numbers and it has an alternative channel of revenue that continues to give it a competitive edge. As such, despite rising competition in the industry, XPEV remains a promising investment for two key reasons: its continued success in China and its moves to expand into Europe. W...
In recent years one of the hottest themes on Wall Street is ESG investing. The idea of saving the planet is not new, but companies’ openly public commitment to it is. At the heart of it is the onslaught of electric vehicles (EVs) that is threatening to become the new norm. The internal combustion engine (ICE) has a serious fight on its hands. Companies like XPeng (NYSE:XPEV) and Nio (NYSE:NIO) are in the trenches of this battle. XPeng stock already shows scars but no battle fatigue yet. And it is definitely a wild one to watch. Source: Andy Feng / Shutterstock.com Both of these companies and hundreds more are trying to bust through the door that Tesla (NASDAQ:TSLA) kicked open. The action in XPEV stock is dizzying but the bulls are definitely winning. It’s up 174% in three months. One t...
Chinese EV maker XPeng picked up a short-term buy rating, but it isn’t because the EV market is hot—even though it is.
Other auto stocks joins in the impressive rally in Tesla's stock. Here's why.
Electric cars are growing in popularity, a trend fueled by social acceptance, the green mentality, and a recognition that the internal combustion engine does have its flaws. Some of those flaws are addressed by electric vehicles (EVs). They bring lower emissions, less pollution from the car, and the promise of high performance off the mark. For the present, the main drawbacks are the high cost and relatively short range of current battery technology. Even so, many consumers have decided that the benefits outweigh the costs, and EV sales are increasing.
(Bloomberg) -- BYD Co., a Chinese electric-vehicle manufacturer backed by Warren Buffett, is looking to raise as much as $3.6 billion from a sale of its Hong Kong-listed shares, capitalizing on rising demand for new-energy vehicles and a blistering stock rally.BYD is selling 121.1 million shares at HK$222 to HK$228 each, according to terms of the deal obtained by Bloomberg News. The price range represents a discount of 6.6% to 9% to the last closing price of HK$244.The offering comes after BYD’s shares have surged more than 400% in the last 12 months in Hong Kong, part of a broader rally in EV maker stocks buoyed by strong investor expectations for the industry’s growth.BYD is the the latest in a growing line of Chinese EV makers to tap capital markets for funding. Last year, they raise...
China’s electric vehicle startups have become investor darlings in the last year, with Nio, Xpeng and Li Auto all raising billions of dollars from the sale of their American depositary shares (ADSs) to expand their business and accelerate technological developments. Guangzhou-based Xpeng, which differentiates itself by running a wholly owned factory in the southern Chinese city of Zhaoqing, got a […] The post Tesla Rival Xpeng Motors Into New Year Fueled By New Credit Line appeared first on South Africa Today .
Tesla's latest price target hike marks another new high on Wall Street as analysts continue to upgrade their forecasts.