Previous close | 0.0200 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.7500 |
Strike | 7.00 |
Expiry date | 2024-10-18 |
Day's range | 0.0100 - 0.0200 |
Contract range | N/A |
Volume | |
Open interest | 6.23k |
The latest trading day saw XPeng Inc. Sponsored ADR (XPEV) settling at $12.90, representing a +1.9% change from its previous close.
Chinese electric vehicle (EV) maker Xpeng has embarked on a new camera-based technology to enhance autonomous driving, fitting it into the P7+ sedan that it plans to launch in the local market starting next month. Its new self-driving system fitted with Eagle Eye hardware and software has proven to be more accurate in information collection, according to He Xiaopeng, founder and CEO of the carmaker. The technology can enhance the autonomous capability of the P7+, a fully-electric sedan to rival
Shares of Chinese EV makers XPeng (NYSE:XPEV) and Nio (NYSE:NIO) are pricing in high expectations following a recent rally, according to a note from UBS on Wednesday. As a result, Chinese automakers now represent 13% of the global car market capitalization, up from 9% just two months ago, though still moderate compared to their 20% share of the global car market and 60% share of the EV market, explains UBS. XPeng is priced at 1.5x 2025E price-to-sales (P/S), while Nio is at 1.1x.