|Bid||47.79 x 800|
|Ask||47.80 x 1100|
|Day's Range||47.42 - 49.01|
|52 Week Range||22.73 - 60.04|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
One veteran auto analyst stakes out a bearish view on the red-hot shares of Ford.
China is a leading market for electric vehicles. BloombergNEF estimates there were global sales of roughly 6.3 million electric vehicles (EVs) in 2021. Of these, around 3 million were sold in China. XPeng (NYSE: XPEV) sold 16,000 EVs in China in December, which looks impressive considering that it is competing with far bigger and more established companies in the sector.
Shares of Chinese electric-vehicle (EV) maker XPeng (NYSE: XPEV) were trading lower on Monday, amid a broad-based sell-off of tech-related stocks on growing concerns about inflation and interest rates. As of 1:15 p.m. ET today, XPeng's American depositary shares were down about 7.6% from Friday's closing price. There was no major news driving XPeng's stock lower on Monday.