Xpeng will officially launch the X9 on January 1, with a launch event starting at 6:30 pm Beijing Time.
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Xpeng will officially launch the X9 on January 1, with a launch event starting at 6:30 pm Beijing Time.
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"I strongly believe that the demand for ADAS will surge in the next five years, and Xpeng will be the preferred smart EV brand for consumers," said Xpeng CEO.
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Between December 1 and December 24, Nio was 12,000, Xpeng 12,500, Li Auto 36,400 and Tesla 60,200 units.
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Can the troubled Volkswagen Software Team Leverage XPeng's Xmart OS?
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Xpeng is planning to stop updating the G3 lineup and may design a new product to replace it, according to local media.
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The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said.
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Between December 1 and December 17, Nio was 7,900, Xpeng 8,700, Li Auto 24,300, Tesla 41,700, BYD 116,100.
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Xpeng believes that expanding volumes is critical, and will continue to prioritize volumes into 2024, as well as improving profitability through cost reductions.
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G6 delivered 8,750 units in November, contributing 43.66 percent of Xpeng's monthly deliveries of 20,041 units.
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Xpeng said Alibaba's move was in execution of its capital management strategy and not due to a change in its view of the company.
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