Home » IBD 50 Stocks To Watch: Large Sales Growth Propels Xpeng

IBD 50 Stocks To Watch: Large Sales Growth Propels Xpeng

by SEP Editor
3 mins read
(Photo credit: XPeng)

US, Jan.18 – Xpeng  (“XPeng” or the “Company”, NYSE: XPEV, HKEX: 9868. HK) is picked for IBD 50 Stocks To Watch amid impressive growth in sales and deliveries.

XPeng’s sales and deliveries in 2021

Xpeng outsells NIO and Li Auto in December 2021 deliveries.Xpeng announced beautiful delivery results, record high with 16,000 EVs in December 2021 (up 181% year-over-year). surpassing its 15,000-vehicle monthly delivery target twice this year.

A total of 41,751 vehicles were delivered in the fourth quarter of 2021, up 222% from the same period last year. This is the second quarter in a row that XPeng has been the highest delivery volume among these three companies, with sales number 41,751 that are ahead of NIO at 25,034 units and Li Auto at 35,221 units.

Others investors’ views in 2022

XPeng’s Action in 2022

Photo credit: XPeng

  • XPeng flying car – HT Aero, an affiliate of Chinese electric vehicle maker Xpeng, officially announced that the Traveller X2 is scheduled to test fly in Europe in the first half of this year.
  • XPeng G9 – Xpeng plans to launch the car in the third quarter of 2022. G9 is XPeng’s fourth production model after the G3 SUV and the P7 and P5 sedans, and is designed for both Chinese and international markets.
  • Robotaxi business – In the second half of 2022, XPeng will start exploring the Robotaxi business. Through the capability of mass-production front-loading Robotaxi software and hardware, as well as future cooperation with various travel operators, XPeng can create greater business value.

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