Xpeng's third-quarter delivery guidance likely missed expectations due to disruptions to the ramp-up of its Mona L03 model. "XPeng's Shares Fall Sharply on Third-Quarter Guidance Miss," at 0327 GMT, incorrectly referred to a Mona L02 model.
XPeng Inc is a holding company mainly engaged in the design, development, manufacturing and marketing of smart electrical vehicles (EVs). The Company develops full-stack advanced driver assistance systems (ADAS) software in house and has deployed such software on mass-produced vehicles. The Company offers various models, including G9 (mid- to large-sized sport utility vehicle (SUV), P7i (sports sedan), G6 (coupe SUV), X9 (seven-seater multi-purpose vehicle (MPV)), MONA M03 (sedan) and P7+ (family sedan). The Company operates stores across China, including both stores directly operated by the Company and franchised stores. The Company also offers technical research and development services, services embedded in a sales contract, maintenance service, supercharging service.
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Investor
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Global
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