Why XPeng’s Stock Is Trading Higher Today

XPeng Inc. (NYSE: XPEV) shares are trading higher after the company reported 6,565 vehicles were delivered in June 2021, a 617% year-over-year increase and 17,398 vehicles were deliver

XPeng Inc. (NYSE:XPEV) shares are trading higher after the company reported 6,565 vehicles were delivered in June 2021, a 617% year-over-year increase and 17,398 vehicles were delivered in the second quarter of 2021, a 439% year-over-year increase.

The company plans to launch the G3i SUV, the new mid-phase facelift version of G3, in July 2021 with deliveries planned for September this year, according to the automaker. 

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

XPeng’s stock was trading about 4.16% higher at $46.27 at the time of publication premarket Thursday. The stock has a 52-week high of $74.49 and a 52-week low of $17.11.

Total
0
Shares
Related Posts
Read More

2 High Yielding Investments For Investors Looking For Strong Fundamentals And Growing Dividends

When large companies are seeing expanding revenues during macroeconomic headwinds, this can be a positive sign of a strong corporation. With inflation and interest rates on the rise, investors may want to turn to stocks with solid fundamentals that are able to increase their dividend payment per share.

APA