Xpeng

Xpeng Q1 2024 earnings call: Live updates

The first model from Xpeng's Mona sub-brand will be unveiled in June and will go on sale and start deliveries in the third quarter.

Xpeng Q1 earnings beat estimates, gross margin bounces back to over 1-year high

Xpeng's first-quarter revenue beat Wall Street estimates, gross margin rebounded further to a new high since the third-quarter of 2022, despite conservative guidance for second-quarter deliveries.

Xpeng aims for L4-like smart driving experience in China by 2025, 1st Mona model to debut in Jun

Xpeng will spend RMB 3.5 billion ($480 million) in 2024 on R&D of AI technology around smart driving and recruit 4,000 new professionals.

Nio, Xpeng taking longer to pay supplier bills, report says

At the end of 2023, Nio was taking about 295 days to clear receipts payable, and Xpeng 221 days, compared with 197 days and 179 days, respectively, in 2021, according to Bloomberg.

Xpeng sees more collaboration with other carmakers as long-term trend

Xpeng will offer its autonomous driving and EV technology to other automakers, allowing the company to generate a new stream of revenue, its vice president Brian Gu said in an interview with the South China Morning Post.

Xpeng G6, X9 debut in HK, local deliveries to begin in Q3

The Xpeng G6 debuts in Hong Kong at a starting price of HK$299,900 ($38,440), with the first deliveries of the right-hand drive version expected in the third quarter.

Xpeng forays into France with launch of G9 and G6

G9 is offered in three variants in France, starting at a suggested retail price of 59,990 euros ($64,960).

Xpeng reportedly to use BYD batteries in Mona sub-brand

Xpeng will reportedly use batteries from BYD in its Mona sub-brand. Aonther report earlier this month said Nio's Onvo sub-brand would use BYD batteries.

Nio CEO picks Xpeng X9 MPV as his 1st non-Nio branded car choice in 8 years

Xpeng CEO personally delivered the Xpeng X9 MPV to Nio's William Li during his visit to Volkswagen Anhui and Nio in Hefei.

Xpeng announces entry into Australia, G6 to make local debut by Q4

Xpeng has entered into a partnership with Australia's TrueEV, which will be its sole importer, distributor and retailer in the country.
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