Reported about 2 months ago
Chinese electric vehicle manufacturer XPeng (XPEV) anticipates third-quarter revenue lower than analysts had expected, alongside missing June-quarter sales forecasts due to intense competition and reduced demand for its premium vehicle lineup. The company, however, expects to deliver between 41,000 and 45,000 vehicles in the third quarter, slightly up from the previous year, while planning to refresh its model range with new EVs over the next three years.
Source: YAHOO