XPEV News and Press, XPeng Inc. American depositary shares each representing two Class A From 06/08/23

2023-06-08 21:39:55 ET Summary XPeng has seen declining deliveries for five consecutive quarters, while competitors like BYD, Tesla China, and GAC Aion have experienced significant growth. XPeng's G6 model, set to launch in June 2023, is expected to help turn things around, but th...

2023-06-08 05:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-06-07 16:40:04 ET Tesla ( NASDAQ: TSLA ) kept its recent winning streak alive on Wednesday with a 1.47% gain amid a strong day overall for the electric vehicle sector and tech-related stocks. The U.S. auto stock traded at a seven-month high earlier in the session. The A...

2023-06-07 11:42:28 ET Summary Despite starting off on a stronger foot, NIO's growth has been decelerating while rival Li Auto's deliveries continue to defy a slow-growing Chinese economy with profitability cushioning investor confidence. This has led to a widening divergence in b...

2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...

2023-06-06 10:00:00 ET Summary NIO has underperformed our expectations, both in stock performance and delivery numbers, likely attributed to its premium strategy and transition to NT2.0. Its cash burn may accelerate ahead, as it seeks to enter the mass market through two sub-brand...

2023-06-05 07:44:20 ET Elon Musk's Tesla ( NASDAQ: TSLA ) sold 77,695 China-made vehicles in May according to data released by the China Passenger Car Association (CPCA) on Monday. The automaker saw sales growth of 141.55% Y/Y from 32,155 units in May 2022 and +2.44% M/M from 75...

2023-06-02 16:00:00 ET Summary NIO's May 2023 deliveries were disappointing, with the company needing to deliver an average of 29.5K vehicles per month moving forward to meet its 250K target for the year. I assessed that management needs to wake up from its unrealistic target with...

2023-06-02 13:55:33 ET Summary XPeng and NIO have both struggled amid the ongoing price war in the Chinese EV market. Strong fundamentals make XPeng a better long-term speculative EV play. XPeng's valuation is lower when compared to NIO. XPeng ( XPEV ) has better...

2023-06-02 08:33:10 ET U Power ( UCAR ) +70% . Connect Biopharma Holdings  ( CNTB ) +53% Announces Positive Long-Term Data from the Maintenance Period Through Week 48 of CN002 Phase 2 Icanbelimod Trial in Patients with Moderate-to-Severe Ulcerative Colitis. ...