Latest news with #XPengInc
Associated Press
a day ago
- Automotive
- Associated Press
XPENG Announces Vehicle Delivery Results for May 2025
GUANGZHOU, China, June 01, 2025 (GLOBE NEWSWIRE) -- 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 May 2025. In May 2025, XPENG delivered 33,525 Smart EVs, representing growth of 230% year-over-year, surpassing 30,000 units for the seventh consecutive month. For the first five months of 2025, XPENG delivered 162,578 Smart EVs, marking a 293% increase compared to the same period last year. On May 28th, the Company launched the MONA M03 Max. MONA M03 Max lowers the entry barrier for urban AI smart driving to the 150,000 RMB range for the first time, making advanced vehicle technology more accessible to younger users. The MONA M03 Max is also the first XPENG model equipped with the AI Tianji XOS 5.7.0, offering over 300 new features. XNGP achieved a monthly active user penetration rate of 85% in urban driving in May 2025. Notably, the XPENG MONA M03 Max debuted the application of human-machine co-driving, enabling both ADAS and drivers to share control, providing a seamless collaboration between manual driving and smart driving. About XPENG XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the future. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Shenzhen, Silicon Valley and San Diego. The Company's Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates' and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Contacts: For Investor Enquiries: IR Department XPeng Inc. Email: [email protected] Jenny Cai Piacente Financial Communications Tel: +1 212 481 2050 / +86 10 6508 0677 Email: [email protected] For Media Enquiries: PR Department XPeng Inc. Email: [email protected] Source: XPeng Inc.
Business Upturn
a day ago
- Automotive
- Business Upturn
XPENG Announces Vehicle Delivery Results for May 2025
Delivers 33,525 units in May, up 230% YoY 30,000+ vehicles delivered monthly for seventh consecutive month GUANGZHOU, China, June 01, 2025 (GLOBE NEWSWIRE) — 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 May 2025. In May 2025, XPENG delivered 33,525 Smart EVs, representing growth of 230% year-over-year, surpassing 30,000 units for the seventh consecutive month. For the first five months of 2025, XPENG delivered 162,578 Smart EVs, marking a 293% increase compared to the same period last year. On May 28th, the Company launched the MONA M03 Max. MONA M03 Max lowers the entry barrier for urban AI smart driving to the 150,000 RMB range for the first time, making advanced vehicle technology more accessible to younger users. The MONA M03 Max is also the first XPENG model equipped with the AI Tianji XOS 5.7.0, offering over 300 new features. XNGP achieved a monthly active user penetration rate of 85% in urban driving in May 2025. Notably, the XPENG MONA M03 Max debuted the application of human-machine co-driving, enabling both ADAS and drivers to share control, providing a seamless collaboration between manual driving and smart driving. About XPENG XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the future. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Shenzhen, Silicon Valley and San Diego. The Company's Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates' and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Contacts: For Investor Enquiries: IR Department XPeng Inc. Email: [email protected]
Yahoo
3 days ago
- Automotive
- Yahoo
Xpeng (XPEV) Launches $20K MONA M03 Max, Democratizing AI Driving Tech
XPeng Inc. (NYSE:XPEV) today has officially launched the MONA M03 Max, an all-electric hatchback sedan that brings high-level autonomous driving technology and premium smart features to China's $20,000 price segment, making advanced AI driving highly accessible to the mass market. The M03 Max delivers city-level ADAS performance, which is typically seen in models priced over $27,000. A fleet of electric light vehicles recharging their batteries in a parking lot. Since launching the MONA series in late 2024, XPeng Inc. (NYSE:XPEV) has delivered more than 120,000 units, making it the fastest-selling model in the company's history and among Chinese EV startups. The M03 Max's compelling blend of affordability, performance, and smart features positions XPEV to further penetrate China's mass-market EV segment. It was reported that XPEV held a 2.6% market share in the Chinese EV market in 2024, 60 bps higher than in the previous year. Considering the success of the new MONA series, XPEV is positioned to continue to gain share in China and potentially penetrate Western markets. The success of XPeng Inc. (NYSE:XPEV) in bringing advanced ADAS technology at $20,000 has massive implications for the American and European automakers. As consumers become more price-conscious, they start to value accessibility over brand value. This is already reflected in the 2024 numbers - European car production declined by 4.6%, North American production declined by 3.2%, while China saw a robust 5.2% increase. Chinese OEMs continue to raise the bar in terms of affordability and technology. It is no surprise that XPEV stock outperformed the broad market by more than 50% year-to-date. XPEV is a Chinese smart EV manufacturer that produces EVs with in-house autonomous driving and AI technologies, aiming to lead the future of intelligent mobility. While we acknowledge the potential of XPEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XPEV and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure: None.
Yahoo
4 days ago
- Automotive
- Yahoo
Xpeng (XPEV) Launches $20K MONA M03 Max, Democratizing AI Driving Tech
XPeng Inc. (NYSE:XPEV) today has officially launched the MONA M03 Max, an all-electric hatchback sedan that brings high-level autonomous driving technology and premium smart features to China's $20,000 price segment, making advanced AI driving highly accessible to the mass market. The M03 Max delivers city-level ADAS performance, which is typically seen in models priced over $27,000. A fleet of electric light vehicles recharging their batteries in a parking lot. Since launching the MONA series in late 2024, XPeng Inc. (NYSE:XPEV) has delivered more than 120,000 units, making it the fastest-selling model in the company's history and among Chinese EV startups. The M03 Max's compelling blend of affordability, performance, and smart features positions XPEV to further penetrate China's mass-market EV segment. It was reported that XPEV held a 2.6% market share in the Chinese EV market in 2024, 60 bps higher than in the previous year. Considering the success of the new MONA series, XPEV is positioned to continue to gain share in China and potentially penetrate Western markets. The success of XPeng Inc. (NYSE:XPEV) in bringing advanced ADAS technology at $20,000 has massive implications for the American and European automakers. As consumers become more price-conscious, they start to value accessibility over brand value. This is already reflected in the 2024 numbers - European car production declined by 4.6%, North American production declined by 3.2%, while China saw a robust 5.2% increase. Chinese OEMs continue to raise the bar in terms of affordability and technology. It is no surprise that XPEV stock outperformed the broad market by more than 50% year-to-date. XPEV is a Chinese smart EV manufacturer that produces EVs with in-house autonomous driving and AI technologies, aiming to lead the future of intelligent mobility. While we acknowledge the potential of XPEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XPEV and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
24-05-2025
- Automotive
- Yahoo
Macquarie Upgrades XPeng (XPEV) to Outperform
On May 22, Macquarie upgraded its rating on XPeng Inc. (NYSE:XPEV) from Neutral to Outperform, lifting the price target from $22 to $24. Eugene Hsiao from Macquarie made this upgrade following XPeng's strong Q1 2025 report, another quarter that is leading the company towards net profit. For the past seven quarters, XPeng's gross margin has improved, with Q1's gross margin reported at 15.6%. During Q1, the company lowered its losses from $190 million in the same quarter last year to around $91.6 billion. Hsiao mentioned that the company's goal of profitability seems evident with record deliveries during the quarter. XPeng's management expects the company to become profitable by the fourth quarter of 2025. An assembly line of electric cars moving along a production line. The company completed delivery of 94,008 vehicles during Q1. The company's revenue was around $2.20 billion, exceeding estimates by $17.42 million. XPeng's Vehicle sales revenue soared over 159% from a year ago, lowering the losses incurred compared to last year. Hsiao added that XPeng Inc. (NYSE:XPEV) is now covering its previous scale challenges. The analyst believes that the Chinese Smart EV maker can 'kick-start a growth cycle' through its M03 and P7+ vehicles, reclaiming its EV market share. XPeng has announced the launch of the 2025 models for G6, G9, and Mona Max, while the company expects to begin the deliveries of G7 and the latest P7 models in Q3. XPeng Inc. (NYSE:XPEV) is a well-known Chinese Smart EV manufacturer. It is engaged in the design, production, and marketing of Smart EVs. XPeng's famous vehicles include the SUV (the G3) and a four-door sports sedan (the P7). The company mainly targets the mid to high-end EV segment in China's passenger vehicle market. While we acknowledge the potential of XPEV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than XPEV and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None.
