About XPeng Inc. American depositary shares (XPEV)
Xpeng Inc. is a Chinese electric vehicle manufacturer that focuses on designing, developing, and producing smart electric cars that integrate advanced technology features. The company aims to enhance the driving experience through innovations such as autonomous driving capabilities, smart connectivity, and performance-driven engineering. Xpeng offers a range of electric vehicles that appeal to tech-savvy consumers seeking sustainable transportation solutions, while also working on expanding its presence in both domestic and international markets. The brand is committed to pushing the boundaries of automotive technology and sustainability, positioning itself as a key player in the rapidly evolving electric vehicle industry. Read More
The vehicle also features a smart cockpit with features that outperform those of higher-priced vehicles, as well as the previously launched MONA M03 variant, the company said.
He Xiaopeng, the cofounder of XPeng, has revealed that the sales of new EVs equipped with advanced "hands-off" driver assist features have seen a significant surge in China over the past decade, outperforming Western markets.
Two senior U.S. lawmakers on Friday called on the Securities and Exchange Commission to delist 25 Chinese companies from U.S. stock exchanges, citing national security concerns over alleged military ties.
Though Musk and Tesla have both denied the WSJ report, the broader EV market could become more competitive and diversified if Tesla loses its market dominance without Musk at the helm.
The race for domination in the humanoid robotics market heats up between Tesla and XPeng, as they develop full-stack humanoids with impressive AI capabilities.
The company logged sales of 372,615 new-energy passenger vehicles and 7,474 commercial vehicles during the month, including the 79,086 vehicles sold outside China.
Chinese EV companies reported strong April delivery numbers, with Li Auto leading in SUV market share and XPeng surpassing 100,000 cumulative deliveries for its MONA M03 model.
VinFast Auto (VFS) delivered 36,330 EVs globally in Q1 2025, up 296% YoY. E-scooter and e-bike deliveries also increased by 473%. Q1 earnings on June 9.
