XPEV News and Press, XPeng Inc. American depositary shares each representing two Class A From 03/04/23

2023-03-04 06:31:40 ET Summary Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered tax...

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Summary Participants hailed the Inflation Reduction Act (IRA), passed in the US last summer, as the most significant development for EVs globally in 2022. The affordability of electric transportation tends to be a key concern to local and national governments. China’s leading...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Freedom Studio/Shutterstock.com Sarepta Therapeutics (NASDAQ: SRPT ) stock is heading higher on Wednesday following the release of the company’s latest earnings report . For the fourth quarter of 2...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nio (NYSE: NIO ) stock is retreating after the Chinese electric vehicle (EV) maker reported weaker-than-expected fourth-quarter results. The company provided Q1 sales guidance that came in well below Wall Street’...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: MarbellaStudio / Shutterstock.com Helbiz (NASDAQ: HLBZ ) stock is on the move Wednesday despite a lack of hard news concerning the electric bike and scooter company. Instead, heavy trading volume is the ma...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Koshiro K / Shutterstock Xpeng (NYSE: XPEV ) stock is worth checking on Wednesday after the EV company released delivery data for February. During February 2023, Xpeng delivered a total of 6,010 Smart EVs...

For February 2023, XPeng ( NYSE: XPEV ) delivered 6,010 Smart EVs, marking a 15% M/M growth. Amid expanding its presence in international markets, the automaker has opened its second retail stores in both Denmark and the Netherlands in February 2023. From March,...

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2023. In February 2023, XPENG delivered 6,010 Smart EVs, represe...

Summary After strong electric vehicle (EV) sales in 2022, the Chinese car market is facing a setback in growth in 2023. But this doesn't mean an end to the green transition. We expect the number of zero-emission cars to surpass conventional internal combustion engine cars by 2030. O...