The Latest Breaking News from Xpeng

Tesla deliveries in the third quarter hit a record, but missed views as EV giant faces China demand concerns. How will Tesla stock react?

Key Takeaways: Nio Inc. will pay $7.7 million for 12% of Australian miner Greenwing Resources, which holds the rights for the San Jorge Lithium Project in Argentina Nio is the latest electric vehicle maker to purchase lithium assets, following similar moves by domestic rival BYD and global names like Tesla…

Key to their growth plans, China EV makers Nio, BYD and Xpeng are ramping up in Europe. Can they grab share from traditional giants and Tesla?

Hong Kong stocks opened in the red on Friday, with shares of Alibaba and XPeng falling over 1% each as investors continued to gauge the U.S. Federal Reserve’s rate projections for tackling inflation. The Hang Seng Index fell 0.34% at the open and continues to trade near its 2011 lows.

Some Xpeng P5 sedans fitted with lidar sensors can now access City Navigation Guided Pilot (NGP) software in the city of Guangzhou, with other cities to follow.

Electric vehicle stocks closed the week ending Sept. 17 on a mixed note, as investors reacted to the macroeconomic uncertainty that dragged the broader market lower, analysts’ actions, and a positive policy move. Now, here are the key events that happened in the EV space during the week:

Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.

The China EV startup gave weak Q3 revenue guidance but sees record deliveries in Q4 amid new models.

The stock market suffered significant weekly losses again, but bounced off lows, helped by Friday's jobs report. Nvidia, BYD were big losers as Pinduoduo soared.