Latest news with #XPeng
Yahoo
5 days ago
- Automotive
- Yahoo
XPENG Announces Vehicle Delivery Results for June and First Half 2025
34,611 vehicles delivered in June, up 224% YoY Achieved a new record quarterly deliveries of 103,181 units in Q2 2025 First-half 2025 deliveries hit 197,189 units, surpassing total deliveries in 2024 30,000+ monthly deliveries sustained for eight consecutive months GUANGZHOU, China, July 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 June and the first half of 2025. In June 2025, XPENG delivered 34,611 Smart EVs, representing a year-over-year increase of 224% and marking the eighth consecutive month that deliveries exceeded 30,000 units. In the second quarter of 2025, XPENG delivered 103,181 Smart EVs, setting a new quarterly record. This brings XPENG's total deliveries for the first half of 2025 to 197,189 Smart EVs, surpassing its full-year 2024 total deliveries. XNGP achieved a monthly active user penetration rate of 85% in urban driving in June 2025. Most recently, XPENG was invited to present its advancements in foundational models for autonomous driving at the 2025 Conference on Computer Vision and Pattern Recognition (CVPR), the sole Chinese automotive company to receive this industry distinction. On June 19, 2025, XPENG launched its flagship model, XPENG X9, in Indonesia. The Company also announced that the right-hand drive X9 model for the Indonesian market will be manufactured locally in July, marking a crucial milestone in its global expansion roadmap. As of June 2025, XPENG has entered more than 40 countries and regions worldwide. 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: ir@ Jenny Cai Piacente Financial Communications Tel: +1 212 481 2050 / +86 10 6508 0677 Email: xpeng@ For Media Enquiries: PR Department XPeng Inc. Email: pr@ Source: XPeng Inc.
Yahoo
5 days ago
- Automotive
- Yahoo
XPeng (NYSE:XPEV) Achieves Record Deliveries in 2025 Amid Global Expansion
XPeng recently announced significant achievements, including the delivery of 34,611 Smart EVs in June 2025—a 224% year-over-year increase—and the launch of its flagship model, XPENG X9, in Indonesia, marking its expansion into over 40 countries. Despite these milestones, the company's stock faced a 5% decline over the last month. This is particularly interesting as broader markets, exemplified by the Nasdaq and S&P 500, saw gains. Factors such as positive market trends might have partly countered XPeng's decline, but the company's robust delivery performance and international expansion seem misaligned with its stock movement. Buy, Hold or Sell XPeng? View our complete analysis and fair value estimate and you decide. Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent milestones achieved by XPeng, including a significant year-over-year increase in Smart EV deliveries and the expansion into Indonesia, could positively influence the company's long-term growth narrative. However, despite these developments, the company's stock recorded a 5% decline in the past month, contrasting with broader market gains on the Nasdaq and S&P 500. This divergence may suggest that while operational achievements are evident, investors remain cautious due to potential short-term margin pressures from ongoing R&D and expansion investments. Over the past year, XPeng's total return, including share price and dividends, was an impressive 139.32%. This remarkable performance highlights its strong recovery, although the company's stock price remains sensitive to market sentiment and economic conditions. The EV sector generally outperformed the market, with XPeng outperforming both the US Auto industry, which saw a 41.6% return, and the broader US Market, which returned 13.9% over the past year. Despite this outperformance, XPeng's current trading value above its consensus price target of US$19.91 suggests that market expectations might be optimistic. Subsequent revenue and earnings forecasts could see adjustments influenced by XPeng's international ventures and AI commitments. Analysts have assumed annual revenue growth of 24%, with earnings projected to improve as new technologies gain traction. However, these forecasts depend on XPeng managing costs and delivering on growth prospects amidst heightened competition and market expansion challenges. The current share price of US$22.64 supports an optimistic outlook, yet it exceeds the analyst price target by 13.7%, indicating disagreements among analysts and highlighting uncertainty in achieving projected milestones. Our valuation report unveils the possibility XPeng's shares may be trading at a premium. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:XPEV. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
5 days ago
- Automotive
- Yahoo
Tesla (TSLA) Shares Jump After China Sales Break 8-Month Losing Streak
July 2 - Tesla (NASDAQ:TSLA) shares jumped more than 5% on Wednesday after the company reported a 0.8% year?on?year rise in China?made electric vehicle sales for June, ending an eight?month slide. Deliveries from the Shanghai factory, including domestic sales and exports, totalled 71,599 units, up from May's pace by about 16%, data from the China Passenger Car Association showed. The recovery remains modest compared with local rivals. BYD (BYDDF) delivered a record 382,585 vehicles in June, up roughly 10% year?over?year, while NIO (NYSE:NIO) logged a 17.5% increase to 24,925 units. XPeng (NYSE:XPEV) saw the strongest growth, with sales surging 224% to 34,611 cars. In Europe, Tesla faces steeper challenges, with registrations in Denmark and Sweden plunging more than 60% last month. Investors await Tesla's Q2 delivery figures due later today, with the company's earnings report scheduled in the coming weeks. Seeking Alpha's Cavenagh Research forecasts a disappointing quarter for the Texas?based automaker. Despite competitive pressure, Tesla's slight rebound in its largest market may offer a foundation for its upcoming quarterly updates. This article first appeared on GuruFocus. Sign in to access your portfolio
CNBC
6 days ago
- Business
- CNBC
CNBC Daily Open: Tariffs led us down a different timeline for interest rates
It's the what-could-have-beens that hurt the most. The childhood sweetheart who moved to a different country. The early opportunity to invest in a company designing graphics chips for games. The lower interest rates if not for tariffs. On Tuesday, U.S. Federal Reserve Chair Jerome Powell confirmed that tariffs — and, specifically, their unexpectedly large "size" — are the chief reason the central bank hasn't lowered rates this year since it last cut them in December. Imagine that. We could have been living in a world where the fed funds rate is at a range of 4% to 4.25%. If inflation was staying obediently below the Fed's 2% goal, the range could even be 3.75% to 4%, given that the central bank in June kept last year's projection of two rate cuts in 2025. The thought stings. But it might help to think that if U.S. President Donald Trump hadn't slapped tariffs on partners and penguins, his other policies could have similarly pushed inflation forecasts higher. Remember how all three major U.S. indexes surged and hit new records on Trump's election victory because Wall Street was anticipating tax cuts and looser corporate regulation. Without the dampening effect of tariffs, economic optimism might have spilled over into exuberance and higher inflation. Better to play the cards we were dealt with than to lapse into imagined futures. Tariffs are keeping U.S. interest rates high. Federal Reserve Chair Jerome Powell said Tuesday the central bank would have lowered rates this year if not for Trump's tariffs, which caused inflation forecasts to go up "materially." The S&P 500 dips from record. On Tuesday, the index slipped 0.11%. Tesla shares tumbled after Trump suggested DOGE take a look at the company's subsidies. Asia-Pacific markets mostly fell Wednesday, but Singapore stocks hit a record high. XPeng maintains steady sales in June. The electric car startup delivered 34,611 cars, the eighth straight month of breaking the 30,000 level. BYD remained the market leader, delivering more than 10 times the number of vehicles XPeng did. Trump's megabill squeaks through the Senate. Vice President JD Vance cast a final, tie-breaking vote that sends the bill back to the U.S. House for approval. While the bill would increase the deficit, some banks think it'll give the U.S. economy a shot in the arm. [PRO] Hedge funds are betting against the Swiss franc. The move is part of a "carry trade," a strategy in which investors borrow in a currency with a lower interest rate — the franc, in this case — to buy a currency with a higher rate and pocket the difference. Germany's defense industry is booming. Here's where its weapons are going The value of German military exports hit 13.2 billion euros ($15.5 billion) last year, according to preliminary figures — more than double 2020′s 5.82 billion euros. Related stocks have also boomed. Where are the record orders going? According to the German government's most recent export log, 80% of arms exports were to "close partner countries" in the first quarter of 2025. —
Yahoo
7 days ago
- Automotive
- Yahoo
XPENG Announces Vehicle Delivery Results for June and First Half 2025
34,611 vehicles delivered in June, up 224% YoY Achieved a new record quarterly deliveries of 103,181 units in Q2 2025 First-half 2025 deliveries hit 197,189 units, surpassing total deliveries in 2024 30,000+ monthly deliveries sustained for eight consecutive months GUANGZHOU, China, July 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 June and the first half of 2025. In June 2025, XPENG delivered 34,611 Smart EVs, representing a year-over-year increase of 224% and marking the eighth consecutive month that deliveries exceeded 30,000 units. In the second quarter of 2025, XPENG delivered 103,181 Smart EVs, setting a new quarterly record. This brings XPENG's total deliveries for the first half of 2025 to 197,189 Smart EVs, surpassing its full-year 2024 total deliveries. XNGP achieved a monthly active user penetration rate of 85% in urban driving in June 2025. Most recently, XPENG was invited to present its advancements in foundational models for autonomous driving at the 2025 Conference on Computer Vision and Pattern Recognition (CVPR), the sole Chinese automotive company to receive this industry distinction. On June 19, 2025, XPENG launched its flagship model, XPENG X9, in Indonesia. The Company also announced that the right-hand drive X9 model for the Indonesian market will be manufactured locally in July, marking a crucial milestone in its global expansion roadmap. As of June 2025, XPENG has entered more than 40 countries and regions worldwide. 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: ir@ Jenny Cai Piacente Financial Communications Tel: +1 212 481 2050 / +86 10 6508 0677 Email: xpeng@ For Media Enquiries: PR Department XPeng Inc. Email: pr@ Source: XPeng in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
