Category: XPeng

Deutsche Bank on China EV sales: Jul shows strength of new product cycles

Following a price cut and a slew of new models, Nio's sales efficiency has improved materially and should maintain this level of demand for at least the rest of the third quarter, said Edison Yu's team.

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Xpeng’s deliveries improve further to 11,008 in Jul, G6 delivers over 3,900 units

Strong sales of the G6 drove a surge in showroom visits, which in turn increased customer enthusiasm for other Xpeng models and the smart technologies they come with, the company said.

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Morgan Stanley raises price targets on Chinese EV trio, sees potential re-rating opportunities

Morgan Stanley raised its price target on Nio to $18.7, on Xpeng to $25.4, and on Li Auto to $53, all keeping their ratings at Overweight.

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