XPeng ADR Aktie News

Consumer interest has definitely has started to shift away from EV stocks with many investors choosing to sell them in favor of conventional combustion engine companies. Everything from government subsidies to concerns about climate change has spurred growth in the sector.

- Earnings Call Scheduled for 8:00 a.m. ET on May 21, 2024 - GUANGZHOU, China, May 07, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that it will report its first quarter 2024 unaudited financial results on Tuesday, May 21, 2024, before the open of U.S. markets.

Chinese luxury electric vehicle maker Xpeng stock delivered a total of 9,393 vehicles in April, up 32% year-over-year, despite the ongoing price war in the Chinese EV market. Growth waas largely driven by the ramp-up of sales of the X9 multi-purpose vehicle which was launched in early January with a starting price of about $50,000.

Nio reported a 134.6% year-over-year increase in vehicle deliveries for April. In addition to growing vehicle deliveries last month, XPeng progressed in developing automated driver-assistance systems.

I believe that there are many worthwhile EV stocks to buy currently available. That's because, in my view, by 2030 electric vehicles will likely account for close to a majority of all the vehicles sold in the U.S. The main reason for this is that electricity will always be cheaper on average, than gasoline.

Shares of Xpeng Inc (NYSE: XPEV) are up 15% on Thursday after the EV maker reported a big increase in deliveries for the month of April. X9 success is helping Xpeng stock in 2024 The electric vehicles company delivered a total of 9,393 vehicles last month – up a whopping 33% versus last year.

XPeng (NYSE: XPEV ) stock is on the rise Thursday after the Chinese electric vehicle (EV) company announced its delivery data for April 2024. Investors in XPEV stock are celebrating today after the company announced deliveries of 9,393 EVs during the month.

The Nasdaq declined over 2% on Tuesday, and if the momentum keeps going, we could see the tech index below 15,000 points. This turbulence makes investors wonder if the bear has awaked from its slumber, but there still are hypergrowth stocks to buy out there.