GUANGZHOU, China, Dec. 06, 2023 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced, further to the Company's news release dated July 26, 2023, in connection with the share purchase agreement for strategic minority investment by Volkswagen (China) Investment Co., Ltd. ("Volkswagen") and its affiliate, Volkswagen Finance Luxemburg S.A. ("Volkswagen Nominee"), the Company has issued an aggregate of 94,079,255 Class A ordinary shares (the "Subscription Shares"), representing approximately 4.99% of the total issued and outstanding share capital of the Company immediately following the issuance, to

XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that Ms. Fengying Wang ("Ms. Wang") has been appointed as the President of the Company with effect from January 30, 2023. Ms. Wang will be responsible for the Company's product planning, product portfolio management and sales operations, reporting to Mr. He Xiaopeng, Chairman and CEO of the Company. "Ms. Wang brings to us over 30 years of experience in the automotive industry, spanning roles in sales, strategy and senior management. Her leadership and expertise have been instrumental in driving the development of some of the most successful auto products, earnin

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Daiwa Securities downgraded XPeng from Buy to Neutral and set a new price target of $24.00

Nomura upgraded XPeng from Neutral to Buy and set a new price target of $30.00 from $14.00 previously

Citigroup upgraded XPeng from Neutral to Buy and set a new price target of $29.00 from $13.70 previously

UBS upgraded XPeng from Sell to Neutral and set a new price target of $18.00 from $8.80 previously

Macquarie downgraded XPeng from Outperform to Neutral and set a new price target of $18.00

UBS downgraded XPeng from Neutral to Sell

China Renaissance upgraded XPeng from Hold to Buy and set a new price target of $16.70

Goldman downgraded XPeng from Buy to Neutral and set a new price target of $12.50

JP Morgan upgraded XPeng from Neutral to Overweight and set a new price target of $11.50 from $8.00 previously

Macquarie upgraded XPeng from Neutral to Outperform

Next-Gen AI Brain: Launched the XPENG World Foundation Model with 35× the parameters of conventional VLA models, enabling real-time adaptation to complex driving scenariosUltra-Fast Charging Revolution: Debuted 5C Supercharging AI Battery technology delivering 420km range in just 10 minutes on the new P7+ flagshipRecord-Breaking MPV XPENG X9: Achieved over 6,000 firm orders in 7 days - a new pure electric MPV industry recordIRON Humanoid Robot: Showcased full-stack self-developed IRON robots with human-like dexterity (22-DOF hands) and natural conversation capabilitiesGlobal Growth: Cumulative deliveries surpassing 700,000 units worldwide SHANGHAI, April 23, 2025 (GLOBE NEWSWIRE) -- XPENG

GUANGZHOU, China, April 16, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 16, 2025. The annual report can be accessed on XPENG's investor relations website at https://ir.xiaopeng.com. The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to [email protected] or Investor Relations Department at XPeng Inc., No. 8 Songgang Road, Changxing

GUANGZHOU, China, April 15, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today published its 2024 Environmental, Social and Governance Report (the "Report"). The Report highlights the Company's achievements and continuous progress toward its sustainability objectives, along with its commitment to creating long-term value for society. 2024 ESG Report Highlights: ESG Achievements: XPENG has been awarded the highest MSCI ESG Rating of AAA, highlighting its leadership in environmental, social, and governance practices.Sustainable Energy Utilization: XPENG's annual consumption of clean energy reached

XPENG's AI Tech Tree strategy integrates AI, Energy Solutions, and Embodied Intelligence - laying the foundation for a future ecosystem of smart EVs, humanoid robots, and flying vehicles.The 2025 XPENG X9 flagship elevates the intelligent MPV experience with 496 technical upgrades, including ultra-fast 800V charging, AI-adjusted suspension, as well as a reimagined cabin, designed for comfort, safety, and family needs.With operations spanning over 30 countries and regions, XPENG became the top seller of premium EVs priced over €40,000 in Europe during 2024, and the leading emerging Chinese EV brand within China by delivery volume, Q1 2025. HONG KONG, April 16, 2025 (GLOBE NEWSWIRE) -- XPEN

Delivers 33,205 units in March, up 268% YoYMonthly deliveries surpass 30,000 units for five consecutive months GUANGZHOU, China, March 31, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for March and first quarter of 2025. In March, XPENG delivered 33,205 Smart EVs, marking a 268% increase year-over-year, surpassing 30,000 units for the fifth consecutive month. For the first quarter of 2025, XPENG delivered 94,008 Smart EVs, representing a 331% increase compared to the same period last year. On March 13, 2025, at its Spring 2025

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.96 billion (US$5.75 billion) as of December 31, 2024Quarterly total revenues were RMB16.11 billion, a 59.4% increase quarter-over-quarterQuarterly gross margin was 14.4%, an increase of 8.2 percentage points over the same period of 2023Quarterly vehicle margin was 10.0%, an increase of 5.9 percentage points over the same period of 2023Full year vehicle deliveries reached 190,068, a 34.2% increase year-over-yearFull year revenues reached RMB40.87 billion, a 33.2% increase year-over-yearFull year gross margin was 14.3%, an increase of 12.8 percentage points year-over-year GUANGZHOU, China, March 1

GUANGZHOU, China, March 03, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results on Tuesday, March 18, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on March 18, 2025 (8:00 PM Beijing/Hong Kong Time on March 18, 2025). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration

Delivers 30,453 units in February, up 570% YoYXPENG MONA M03 deliveries surpass 15,000 units for three consecutive monthsXPENG P7+ surpassed 30,000 cumulative deliveries within just three months of its launch GUANGZHOU, China, March 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for February 2025. XPENG delivered 30,453 Smart EVs in February, marking a 570% increase year-over-year. Deliveries of the XPENG MONA M03 surpassed 15,000 units for the third consecutive month, while cumulative deliveries of the XPENG P7+ exceeded 30,000 within the fir

30,350 units delivered in January 2025, up 268% year-over-year Monthly deliveries exceeded 30,000 units for the third consecutive month GUANGZHOU, China, Feb. 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for January 2025. In January 2025, XPENG delivered 30,350 Smart EVs, representing a 268% increase year-over-year, surpassing 30,000 units for the third consecutive month. XPENG MONA M03 has delivered over 15,000 units per month for two consecutive months. Meanwhile, XPENG P7+ reached 20,000 cumulative deliveries within just two months of launch.

SUNNYVALE, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, today announced XPENG has selected RTI Connext Drive® to provide the core communication technology for its next generation E/E vehicle architecture. Starting with the 2026 production models, Connext Drive will manage the complex data distribution in XPENG vehicles, supporting the company's mission to create smarter, more efficient and future-ready vehicles equipped with the latest technologies. "XPENG required a communication framework that supports a unified architecture across all of our designs — one that could manage the intense data requiremen

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Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.96 billion (US$5.75 billion) as of December 31, 2024Quarterly total revenues were RMB16.11 billion, a 59.4% increase quarter-over-quarterQuarterly gross margin was 14.4%, an increase of 8.2 percentage points over the same period of 2023Quarterly vehicle margin was 10.0%, an increase of 5.9 percentage points over the same period of 2023Full year vehicle deliveries reached 190,068, a 34.2% increase year-over-yearFull year revenues reached RMB40.87 billion, a 33.2% increase year-over-yearFull year gross margin was 14.3%, an increase of 12.8 percentage points year-over-year GUANGZHOU, China, March 1

GUANGZHOU, China, March 03, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results on Tuesday, March 18, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on March 18, 2025 (8:00 PM Beijing/Hong Kong Time on March 18, 2025). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration

Quarterly total revenues were RMB10.10 billion, a 24.5% increase quarter-over-quarterQuarterly gross margin was 15.3%, reaching a historical high, an increase of 18.0 percentage points over the same period of 2023 GUANGZHOU, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its unaudited financial results for the three months ended September 30, 2024. Operational and Financial Highlights for the Three Months Ended September 30, 2024  2024Q32024Q22024Q12023Q42023Q32023Q2       Total deliveries46,53330,20721,82160,15840,00823,205        Total deliv

GUANGZHOU, China, Oct. 29, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its third quarter 2024 unaudited financial results on Tuesday, November 19, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on November 19, 2024 (9:00 PM Beijing/Hong Kong Time on November 19, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration,

Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16th at 8 AM ET NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B software-focused auto services and auto e-insurance in China, today provided a business update and reported financial results for the first half of fiscal year 2024. First Half 2024 Financial Results Total revenue increased by 27% to $203.1 million for the six months ended June 30, 2024, from $159.4 million for the six months ended June 30, 2023.Auto Services ' revenue increased by 9% to $107.5 million for the six mo

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB37.33 billion (US$5.14 billion) as of June 30, 2024Quarterly total revenues were RMB8.11 billion, a 60.2% increase over the same period of 2023Quarterly gross margin was 14.0%, an increase of 17.9 percentage points over the same period of 2023 GUANGZHOU, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its unaudited financial results for the three months ended June 30, 2024. Operational and Financial Highlights for the Three Months Ended June 30, 2024  2024Q22024Q12023Q42023Q32

GUANGZHOU, China, Aug. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its second quarter 2024 unaudited financial results on Tuesday, August 20, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 20, 2024 (8:00 PM Beijing/Hong Kong Time on August 20, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration,

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion (US$5.73 billion) as of March 31, 2024Quarterly total revenues were RMB6.55 billion, a 49.8% decrease quarter-over-quarterQuarterly gross margin was 12.9%, an increase of 6.7 percentage points quarter-over-quarter GUANGZHOU, China, May 21, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its unaudited financial results for the three months ended March 31, 2024. Operational and Financial Highlights for the Three Months Ended March 31, 2024  2024Q12023Q42023Q32023Q22023Q12022Q4Tota

- Earnings Call Scheduled for 8:00 a.m. ET on May 21, 2024 - GUANGZHOU, China, May 07, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced that it will report its first quarter 2024 unaudited financial results on Tuesday, May 21, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 21, 2024 (8:00 PM Beijing/Hong Kong Time on May 21, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the schedul

Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenues were $364 million, up 29% from $282 million in 2022.Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.