The Latest Breaking News from XPEV

The shares of car-making companies have been suffering off late as investors fret over a potential recession and falling car sales. Hence, it could be wise to avoid fundamentally weak auto stocks XPeng (XPEV), Workhorse Group (WKHS), and Faraday Future Intelligent Electric (FFIE), which are stuck in reverse. Continue reading.

Although the electric vehicle (EV) industry is witnessing robust demand, the lack of charging infrastructure and high costs are restricting its growth. So, we think fundamentally weak EV stocks Li Auto (LI), XPeng (XPEV), and Mullen Automotive (MULN) might be best avoided, liquidated, or sold short now. Keep reading….

Nio, Inc. (NYSE: NIO), XPeng, Inc. (NYSE: XPEV) and Li Auto, Inc.

Nio, Xpeng and Li Auto report August China EV sales Thursday, with BYD soon after. BYD stock is diving as Warren Buffett disclosed a small share sale.

XPeng plunged Tuesday as the Chinese EV startup reported a greater than expected quarterly loss and gave weak guidance.

Hong Kong's benchmark Hang Seng Index rose over 2% in early Wednesday trading after a strong opening, driven by big tech stocks such as Alibaba Group Holding Ltd. (NYSE: BABA) and Meituan (OTC: 

Gianni Di Poce is an analyst at The Mercator, a research company dedicated to the study of economic and financial market trends.

XPeng Inc (NYSE:XPEV) has delivered 15,295 Smart EVs in June 2022, representing a 133% increase year-over-year and a 51% growth over May 2022. The company’s second-quarter delivery jumped 98% Y/Y to 34,422 vehicles. As of June 30, 2022, year-to-date total deliveries reached 68,983 units, a 124% increase Y/Y. Beginning in mid-May, XPeng resumed double-shift…

Someone with a lot of money to spend has taken a bearish stance on XPeng (NYSE:XPEV). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.