Source: Zhithon Finance
$XPeng (XPEV.US)$ Hong Kong stocks rose in the afternoon, turning to gains, at one point up over 3%. As of release, it rose 2.71%, reported at 47.45 Hong Kong dollars, with a transaction amount of 0.763 billion Hong Kong dollars.
U.S. stock night trading, $XPeng (XPEV.US)$ rising nearly 4%.
In terms of news, on January 7, the sales ranking of new force brands in the Chinese market released by Ideal Motors shows that in the first week of 2025, Xpeng ranks first in sales among new force brands in the Chinese market, with weekly sales of 0.007 million units, ending Ideal's consecutive sales championship for 36 weeks. It is reported that Xpeng delivered 0.037 million new cars in December 2024, an increase of 82% year-on-year. In 2024, Xpeng Motors accumulated deliveries of 0.19 million units, an increase of 34.2% year-on-year.
Guolian Securities stated that after completing the management structure adjustment, Xpeng has the capability to create popular models and achieve stable sales. In 2025, Xpeng Motors will update older models like the G6/G9, while also filling the current product matrix gaps based on the Fuyiao architecture, which is expected to initiate a strong new car cycle in the future. CITIC SEC previously pointed out that after two years of organizational restructuring, Xpeng Motors has completed iterations in product concepts, cost structure, marketing, and promotion, laying a solid foundation for the large product cycle in 2025-2026.
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