Why XPeng’s Stock Is Down Today

Shares of several Chinese EV stocks, including XPeng Inc (NYSE: XPEV), are trading lower Monday afternoon following a fatal crash of a self-driving vehicle, which may result in heightened safety regulation.

Shares of several Chinese EV stocks, including XPeng Inc (NYSE:XPEV), are trading lower Monday afternoon following a fatal crash of a self-driving vehicle, which may result in heightened safety regulation.

The death of a Chinese entrepreneur in a traffic accident while driving a Nio Inc.’s (NYSE:NIO) ES8 sports utility vehicle has raised concerns about the safety of smart electric vehicles in China… Read More

XPeng is a smart EV company designing, developing, manufacturing and marketing smart electric vehicles in China.

XPeng is trading lower by 6.3% at $37.60. XPeng has a 52-week high of $74.49 and a 52-week low of $17.11.

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