Reported 14 days ago
Chinese electric vehicle manufacturer XPeng (XPEV) forecasts fourth-quarter revenue exceeding Wall Street expectations, driven by a rejuvenated product lineup and increased domestic demand. In premarket trading, shares jumped 5.1% as the company reported steady sales for its MONA M03 sedan and earlier launched P7+ executive sedan. XPeng anticipates delivering between 87,000 and 91,000 vehicles in Q4, a substantial increase from last year, following a successful third-quarter revenue beating estimates.
Source: YAHOO