Xpeng Stock News

Airbnb, Inc. (NASDAQ:ABNB) with the stream of -0.57% also noticed, India XPeng Inc. (NYSE:XPEV) encountered a rapid change of 1.52% in the last hour of Fridays trading session. Airbnb, Inc. The post Market Mover: Airbnb, Inc. (NASDAQ:ABNB), XPeng Inc. (NYSE:XPEV) appeared first on Stocks Equity .

Stung By The Semi Shortage, Chinese Auto Sales Fall For The Seventh Straight Month Vehicle sales in China fell for the seventh straight month in November, according to newly released data from the China Association of Automobile Manufacturers (CAAM) on Friday. Sales were down 9.1% from the year prior as the industry continued to struggle with what is now becoming a year''s long semiconductor shortage. The country posted total sales of 2.52 million vehicles in November, once again led by sales of new energy and electric vehicles, according to Reuters . Total new energy vehicles grew 121% to 450,000 units from the year prior, helped along by the government pushing to further rein in pollution. New energy vehicles include battery-powered electric vehicles, plug-in petrol-electric hybrids and hydrogen fuel-cell vehicles, Reuters wrote. CAAM spokesperson Chen Shihua commented: "Consumer acceptance of new energy vehicles continues to rise. The market has shifted from policy-motivated to demand-driven." Among the top sellers in China were Tesla, who sold 52,859 vehicles (which we highlighted analyst analysis of days ago) and Nio, who sold a record 10,878 cars last month.

DekaBank Deutsche Girozentrale boosted its position in XPeng Inc. (NYSE:XPEV) by 246.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,647 shares of the companys stock after purchasing an additional 72,299 shares during the quarter. DekaBank Deutsche Girozentrales holdings in XPeng were worth $22,646,000 []

Xpeng is the latest Chinese automaker to feel the sting from the supply chain shortage of both semiconductor chips and key battery materials.

XPeng delivered more electric vehicles in China than Nio in both October and November.

NEW YORK , Dec. 6, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NIO, NVDA, UBER, XPEV, and KO. Full story available on Benzinga.com

Zacks Investment Research upgraded shares of XPeng (NYSE:XPEV) from a sell rating to a hold rating in a research report released on Thursday morning, Zacks.com reports. According to Zacks, XPeng Inc. designs, develops, manufactures and markets Smart electric vehicles principally in China. It also offers autonomous driving software system. XPeng Inc. is based in Guangzhou, []

Tesla, Inc. (TSLA) with the stream of -6.42% also noticed, India XPeng Inc. (XPEV) encountered a rapid change of -9.30% in the last hour of trading session. Tesla, Inc. (NASDAQ:TSLA) The post Early Moves to Watch: Tesla, Inc. (NASDAQ:TSLA), XPeng Inc. (NYSE:XPEV) appeared first on Stocks Equity .

DNB Asset Management AS bought a new stake in shares of XPeng Inc. (NYSE:XPEV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,060 shares of the companys stock, valued at approximately $429,000. Several other hedge funds and other institutional []

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