XPeng Inc. (XPEV)
| Previous close | 7.08 |
| Open | 6.99 |
| Bid | 7.05 x 3100 |
| Ask | 7.06 x 2200 |
| Day's range | 6.95 - 7.08 |
| 52-week range | 6.55 - 23.62 |
| Volume | |
| Avg. volume | 13,637,377 |
| Market cap | 6.829B |
| Beta (5Y monthly) | 2.92 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.65 |
| Earnings date | 22 May 2024 - 27 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 13.94 |
ReutersXPeng may consider overseas production due to Europe regulatory scrutiny
BEIJING (Reuters) -Chinese electric vehicle (EV) maker XPeng said on Thursday an ongoing European probe into Chinese-made EVs and regulatory changes could steer it to invest in plants or suppliers abroad, as the spectre of higher tariffs looms. The European Commission began investigating in October whether cheaper, Chinese-made EVs benefit unfairly from state subsidies. Brian Gu, co-president of the Volkswagen-backed automaker, told reporters on the sidelines of the Beijing autoshow that XPeng currently exports small quantities of its EVs but a changing regulatory environment in the European Union could cause it to reassess its strategy.
- Reuters
UPDATE 2-XPeng may consider overseas production due to Europe regulatory scrutiny
Chinese electric vehicle (EV) maker XPeng said on Thursday an ongoing European probe into Chinese-made EVs and regulatory changes could steer it to invest in plants or suppliers abroad, as the spectre of higher tariffs looms. The European Commission began investigating in October whether cheaper, Chinese-made EVs benefit unfairly from state subsidies.
- Yahoo Finance Video
China's EV price wars continue in world's largest EV market
Things are spicing up in Tesla's (TSLA) latest EV pricing bout with Chinese competitors in China's auto market, this time with Li Auto (LI) as both companies slash prices on electric vehicle models. Yahoo Finance's Akiko Fujita explains the multi-year timeline of EV price cuts from Chinese auto manufacturers — some noted to be more affordable on average than US counterparts — as China accelerates faster into electrification trends. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
