Reported 1 day ago
Chinese electric vehicle manufacturer XPeng (XPEV) has projected first-quarter revenues exceeding estimates, fueled by the launch of its competitively priced G6 and G9 SUV models and expansion into European markets. The company anticipates revenues between 15 billion and 15.7 billion yuan, surpassing analysts' expectations, and expects to deliver significantly more vehicles compared to last year. With agreements in place to enter new markets, XPeng aims for profitability by 2025.
Source: YAHOO