Xpeng Stock News

China and Europe look to be the leading regional EV markets over the next decade.

Shares of U.S.-listed Chinese tech companies — led by … Full story available on Benzinga.com

Could EV stocks regain their momentum in 2022?

Chinese new-car sales fell in January. Chinese electric-vehicle makers NIO, Xpeng, and Li Auto initially saw shares plunge before recovering.

Growth stocks that can deliver robust returns in 2022. Stocks that are likely to be supported by positive industry tailwinds.

U.S. electric vehicle maker Tesla (TSLA) sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) has announced. Tesla, which manufactures Model 3 sedans and Model Y sport utility vehicles (SUVs) at its production facility in Shanghai, sold 70,847 China-made vehicles in December. Chinese electric vehicle makers Nio (NIO) delivered 9,652 cars in January, a 33.6% year-over-year increase, while Xpeng (XPEV) delivered 12,922 vehicles during the first month of 2022. CPCA said passenger car sales in January in China totalled 2.11 million, down 4.5% from a year earlier. Consumer shopping in the country of 1.4 billion people has been hurt by new outbreaks of COVID-19 and lockdown measures meant to contain its spread.

Global Markets Slide On Mounting Ukraine Tensions US index futures and global stocks extended their Friday losses on Monday, as worries about growing geopolitical conflict in Ukraine sparked concerns about global economic growth and adding to concerns about inflation and the prospect of aggressive Fed rate hikes to tame it. Nasdaq futures were down 1.2% by 715 a.m. ET after earlier sliding as much as 1.5%. S&P 500 futures slipped 0.8%, setting up the benchmark U.S. index to fall further from a two-week low reached on Friday. Treasury yields dropped further from a multi-year high hit on Friday and gold rose, while bitcoin extended its sharp decline from Friday. Focal points Monday include comments by St. Louis Fed President James Bullard at 8:30am ET. Airline stocks slid in premarket trading, following European peers lower, as growing concerns about geopolitical risks over Ukraine ripple through global markets. Lockheed Martin Corp. scrapped its bid to buy Aerojet Rocketdyne Holdings Inc. after the Federal Trade Commission sued to block the deal.

Share of China-based electric vehicle maker Nio Inc. sank 3.5% in premarket trading Monday, after data showing that China''s car sales fell for the eighth straight month in January. the China Passenger Car Association said January retail sales of passenger cars declined 4.4% from a year ago, and said sales are expected to remain sluggish in February, as COVID-19 outbreaks and a slowing economy weigh on demand. Among other China-based EV makers, shares of Xpeng Inc. fell 2.4% and Li Auto Inc. dropped 2.8%. Tesla Inc.''s stock shed 2.0% premarket, as the U.S.-based EV leader had $13.84 billion revenue from China in 2021, or 25.7% of total revenue. The stocks'' declines come on a weak day for the broader stock market, with futures for the S&P 500 shedding 0.8%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Chinese new-car sales fell in January. Chinese electric-vehicle makers NIO, Xpeng, and Li Auto initially saw shares plunge before recovering.

BYD Co (OTC: BYDDY ), backed by veteran investor Warren Buffett, has filed for the Metaverse trademark, cnEVpost reported on Monday. What Happened: The Shenzhen, China-headquartered BYD has applied for the "BYD Metaverse" close on the heels of local rivals such as Nio Inc (NYSE: NIO ), Xpeng Inc (NYSE XPEV) and Li Auto (NASDAQ: LI ) filing for their own multiple Metaverse trademarks. BYD applied … Full story available on Benzinga.com

Ratings agency Fitch said on Monday Tesla Inc’s (NASDAQ: TSLA ) expansion of its supercharging network could imply stiff competition for its battery supplier CATL, which has been betting on its battery-swapping service. What Happened: Elon Musk -led Tesla, Xpeng Inc (NYSE: XPEV ) and Volkswagen Group (OTC: VWAGY ) are among automakers that could offer CATL’s battery-swapping services near-term resistance as they ramp up their supercharging networks, as per Fitch. CATL, the world’s largest battery maker, recently launched EVOGO — a fast battery-swapping service. It also supplies batteries to Tesla and U.S.-listed Chinese electric vehicle … Full story available on Benzinga.com

The stocks of U.S.-listed Chinese electric vehicle makers Nio, Li Auto, and Xpeng (NYSE: XPEV) have fared well, rising by between 20% to 25% each over the last two weeks, compared to the S&P 500 which

Shares of U.S.-listed Chinese tech companies traded Full story available on Benzinga.com

XPeng recently gave an unofficial 2022 guidance of 250k deliveries and a stretch goal of 300k deliveries, exceeding analyst estimates by a large margin. XPeng's production capacity expansions and supp

Chinese EV maker, Xpeng Inc is extending its foothold internationally as it is set to open its first retail sales store in Europe