XPENG-W Shares Climb Nearly 4% as Flagship Model GX Begins Pre-sales

Stock News04-16 09:57

XPENG-W (09868) rose nearly 4%, with the stock up 3.92% to HK$70.3 at the time of writing, recording a turnover of HK$337 million. On April 15, XPeng officially unveiled and began pre-sales for its first full-size flagship SUV, the XPeng GX. The new model is available in both all-electric and extended-range versions, with a pre-sale price starting at RMB 399,800. The all-electric variant offers a driving range of up to 750 km, while the extended-range version provides an electric-only range of 430 km and a total range of 1,585 km. Analysts previously noted that XPeng's expanding vehicle lineup is expected to boost sales. The GX model, launching in the second quarter, will feature steer-by-wire technology and support for L4 autonomous driving. Later this year, two additional SUV models under the Mona brand will target broader market segments. The company now offers a full range of all-electric and extended-range vehicles, enhancing its competitiveness across different price points.

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