Chinese EV Stocks Defy Market Downturn with XPeng Leading Gains Over 7.5%

Stock News03-09

Chinese electric vehicle stocks advanced against the broader market trend on Monday. At the time of writing, NIO Inc. (NIO.US) was up more than 1.5%, Li Auto Inc. (LI.US) had gained over 3.4%, and XPeng Inc. (XPEV.US) led the group with an increase exceeding 7.5%. In contrast, Tesla (TSLA.US) saw a decline of over 3.8%.

The positive movement for XPeng followed a launch event held in Guangzhou, where the company officially introduced the XPeng G6 Super Range Extension version. Marketed as a versatile AI-powered range-extending SUV, the newly launched G6 Super Range Extension 1704 Max version carries an official starting price of 186,800 yuan.

Since its initial launch, the XPeng G6 series has gained recognition from over 180,000 owners globally. In 2025, it ranked first in sales within the Chinese brand mid-size pure electric SUV segment priced between 180,000 and 200,000 yuan. In overseas markets, the model has also achieved the top sales position among new energy vehicle brands in five European countries.

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