Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
6/25/2024 | $7.70 → $8.30 | Sell → Neutral | Citigroup | |
5/23/2024 | $11.00 | Neutral → Buy | Daiwa Securities | |
5/22/2024 | $25.00 | Buy → Outperform | CLSA | |
5/15/2024 | $4.80 → $5.40 | Underweight → Neutral | JP Morgan | |
4/25/2024 | $25.00 | Overweight → Equal Weight | Barclays | |
4/15/2024 | $7.00 | Neutral | Macquarie | |
4/15/2024 | $5.00 | Neutral | Macquarie | |
4/15/2024 | $40.00 | Outperform | Macquarie |
• Successful tape-out of "XPENG Turing," XPENG's self-developed chip with a 40-core CPU, which empowers AI vehicles, AI robots and eVOTLs • Roll out of next-gen AI-powered perception solution for smart driving, the "AI Hawkeye Visual Solution" or "Hawkeye," which maximizes capabilities of end-to-end AI models • Announced 4-phase plan for "end-to-end" technology aimed to achieve an L3+ smart driving experience using L2 hardware within 18 months • Unveiled MONA M03, an intelligent, all-electric hatchback coupe starting at RMB 119,800 GUANGZHOU, China, Aug. 28, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electr
Quarterly total revenues reached RMB31.7 billion (US$4.4 billion)1Quarterly deliveries reached 108,581 vehicles BEIJING, China, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2024. Operating Highlights for the Second Quarter of 2024 Total deliveries for the second quarter of 2024 were 108,581 vehicles, representing a 25.5% year-over-year increase. 2024 Q2 2024 Q1 2023 Q4 2023 Q3 Deliveries 108,581 80,400 131,805 105,108 2023 Q2 2023 Q1 2022 Q4 2022 Q3 Deliveries 86,533 52,584 46,319 26,524
SHANGHAI, Aug. 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the second quarter 2024 on Thursday, September 5, 2024, before the open of the U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on September 5, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on September 5, 2024). A live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.nio.com/news-events/events. For p
Citigroup upgraded XPeng from Sell to Neutral and set a new price target of $8.30 from $7.70 previously
Daiwa Securities upgraded XPeng from Neutral to Buy and set a new price target of $11.00
CLSA downgraded Li Auto from Buy to Outperform and set a new price target of $25.00
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - XPENG INC. (0001810997) (Filer)
6-K - NIO Inc. (0001736541) (Filer)
On Tuesday after market close, Tesla Inc (NASDAQ:TSLA) reported its second quarter results, missing earnings expectations. Upon the disappointing results, Tesla shares fell more than 8% during premarket trading on Wednesday, pulling down the shares of its rivals, Rivian Automotive Inc (NASDAQ:RIVN), Lucid Group Inc (NASDAQ:LCID), BYD Company Limited (OTC:BYDDY), Nio Inc (NYSE:NIO) and XPeng Inc (NYSE:XPEV). Second Quarter Highlights For the quarter that ended on June 30th, Tesla reported its automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines and first-ever consecutive quarters of declining sales volume. Tesla responded to slowin
NIO Inc. (NYSE:NIO) shares are trading lower in the premarket session on Wednesday. The negative price movement of NIO follows EV behemoth Tesla, Inc. (NASDAQ:TSLA), which fell sharply in premarket trading, with the pullback coming after the company reported its second-quarter results. Tesla reported second-quarter earnings per share that trailed expectations. The company expects vehicle production to be sequentially higher in the third quarter but 2024 vehicle growth to be slower than in 2023. In another development, NIO, the EV behemoth’s Chinese electric vehicle rival, is gearing up to introduce NOMI GPT. This virtual AI-powered voice assistant will debut on NIO’s second-generati
Quarterly total revenues reached RMB31.7 billion (US$4.4 billion)1Quarterly deliveries reached 108,581 vehicles BEIJING, China, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2024. Operating Highlights for the Second Quarter of 2024 Total deliveries for the second quarter of 2024 were 108,581 vehicles, representing a 25.5% year-over-year increase. 2024 Q2 2024 Q1 2023 Q4 2023 Q3 Deliveries 108,581 80,400 131,805 105,108 2023 Q2 2023 Q1 2022 Q4 2022 Q3 Deliveries 86,533 52,584 46,319 26,524
SHANGHAI, Aug. 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the second quarter 2024 on Thursday, September 5, 2024, before the open of the U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on September 5, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on September 5, 2024). A live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.nio.com/news-events/events. For p
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
SC 13D/A - NIO Inc. (0001736541) (Subject)
SC 13G/A - NIO Inc. (0001736541) (Subject)
SC 13D/A - XPENG INC. (0001810997) (Subject)
NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-yearCumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024 SHANGHAI, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced its January 2024 delivery results. NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-year. The deliveries consisted of 6,307 premium smart electric SUVs, and 3,748 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024. NIO has opened up its
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
SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that Professor Yonggang Wen has been appointed as a new independent director to the Company's board of directors (the "Board"), effective November 13, 2023. "We are delighted to welcome Professor Wen to the Board of NIO. With his outstanding academic background, combined with his expertise in cloud computing and computational sustainability, and passion for innovative technologies, Professor Wen brings unique perspectives to the Board," said William Bin Li, chairman of the Boar