Tag Archives: xpeng stock

CoinspeakerXpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines Xpeng is hoping that its new car would help improve the company's losses even as it has recorded a return to quarterly growth in deliveries. Xpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines

China’s Xpeng shares were trading lower in US pre-trade after the EV company forecast significantly lower vehicle deliveries for Q2.  The shares of Chinese electric vehicle (EV) giant XPeng Motors (NYSE: XPEV) slid 5% following missed Q1 earnings and a gloomy delivery forecast. Xpeng shares sank in US pre-market trade after the company reported a 50% year-over-year (YoY) decline in Q1 revenue. The company raked in income of 4.03 billion Chinese yuan ($571.6 million) compared to the 5.19...