Xpeng unveiled its first model under the new Mona sub-brand, as the Chinese electric-vehicle (EV) maker targets the compact car segment and market leader BYD. The M03 pure electric compact sedan will come with intelligent features, the Guangzhou-based company announced on the Chinese microblogging site Weibo on Tuesday. Xpeng did not provide details such as the car's driving range and level of automation. "Xpeng is targeting budget-conscious customers with the new brand," said Chen Jinzhu, CEO o
We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss Xpeng Inc. (NYSE:XPEV)’s place in the list. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, reaching nearly 14 million globally. This represents a […]
The mean of analysts' price targets for XPeng (XPEV) points to a 71.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.