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Benzinga
Benzinga
Business
Anusuya Lahiri

Tesla Rival XPeng Doubles Revenue, Teases Robotaxi Future

XPeng Inc.

Chinese EV maker XPeng (NYSE:XPEV) stock slid after it reported its fiscal third-quarter results on Monday.

The company delivered 20.38 billion Chinese yuan ($2.86 billion) in quarterly revenue, a 101.8% year-over-year (Y/Y) jump that landed just shy of the $2.87 billion consensus forecast.

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