Guangzhou Xiaopeng Motors Technology Co. Ltd. (Xpeng) revealed on Tuesday that its revenue for the third quarter of fiscal 2024 stood at 10.1 billion yuan ($1.4 billion), jumping by 18.4% year-on-year and exceeding expectations.The company's net loss in the reported quarter was 1.8 billion yuan...
The week ahead will see its fair share of financial insights, keeping investors busy up until Friday, and on the edge of their seats on Wednesday, when Nvidia posts its third-quarter results.
Some analysts expect Nvidia to report $33 billion in revenue, a growth driven by strong demand for artificial...
Guangzhou Xiaopeng Motors Technology Co., Ltd., also known as XPeng, released on Tuesday Mona M03, an electric vehicle (EV) with driver-assist features targeted at the mass market.The car was presented during the company's 10th Anniversary Gala Night in Guangzhou. The initial price for the...
Guangzhou Xiaopeng Motors Technology Co. Ltd. (Xpeng) reported on Tuesday that its revenue for the second quarter of 2024 amounted to $1.1 billion, representing a 60.2% jump compared to the same period in 2023. The Chinese automaker recorded a net loss of $180 million and a net loss per...
Deliveries of the Chinese leading electric vehicle maker, Guangzhou Xiaopeng Motors Technology Co. Ltd., commonly known as XPeng, jumped 24% on an annual basis in June, reaching a total of 10,688 units, the company shared on Monday.The manufacturer's X9's deliveries reached 1,687 cars,...
New York-listed shares of Guangzhou Xiaopeng Motors Technology Co. Ltd., commonly known as XPeng, rallied after the opening bell on Wall Street after the company reported better-than-expected revenue for the opening quarter of fiscal 2024.China's leading electric vehicle manufacturer...
Chinese electric carmaker Xpeng, also known as Xiaopeng Motors, published on Tuesday that its revenue jumped 62.3% year-over-year, reaching RMB 6.55 billion ($910 million), while vehicle sales revenue was RMB5.55 billion ($770 million), representing an increase of 57.8%.
In the same quarter,...
Guangzhou Xiaopeng Motors Technology Co., Ltd., better known as XPeng, is planning to introduce its first flying electric vehicle (EV) in 2026 through its subsidiary Xpeng AeroHT, the company's Vice Chairman Brian Gu Hongdi told CNBC on Friday.Gu announced that the vehicle will be available for order...
The founder and chairman of Guangzhou Xiaopeng Motors Technology Co., Ltd., also known as XPeng Motors, He Xiaopeng welcomed on Monday Tesla Inc.'s decision to debut its Full Self Driving (FSD) service on the Chinese market."Only with the entry of more good products and technologies can the...
XPeng Inc. Vice Chairman and Co-President Brian Gu told reporters on Thursday that robotaxis have a long way to go before turning into a "real" business.Although this technology has the potential to be transformative for society, "to have a real, full-fledged commercial operation, I think it's...
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