Smart and Sustainable Electric Mobility
XPeng, with products costing from 150,000 yuan to 470,000 yuan, essentially competing with every other EV brand in the Chinese market, analysts say.
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There are no major concerns about XPeng regarding liquidity in the near term and there is still time to win back market share, according to Edison Yu's team.
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A spy video shows that XPeng may be testing an MPV codenamed H93, which is expected to be released in the second half of 2023.
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XPeng expects deliveries to increase significantly in December as production of the G9 ramps up under normal operating conditions.
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XPeng management expects November deliveries to be no less than 5,800 units, hinting that December deliveries are expected to rebound to around 10,000 units.
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XPeng says November deliveries would be less than 6,000
The post XPeng Delivers 29,570 EVs in Q3, 14% Less Than Q2, Targets 21,000 Deliveries In Q4 2022 appeared first on CarNewsChina.com.
XPeng delivered better-than-expected third-quarter operating results, accompanied by a slightly better-than-feared outlook.
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XPeng expects fourth-quarter deliveries of 20,000 to 20,100,000 units and expects fourth-quarter revenue of RMB 4.8 billion to RMB 5.1 billion.
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This is due to XPeng's recent organizational restructuring and personal matters, the company said in an announcement.
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Orders with deposits paid by 24:00 on December 31 will continue to receive the same purchase subsidies as in 2022, XPeng said.
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