$XPeng (XPEV.US)$ rallies after the company sold more cars than anticipated in Q3.
The Chinese automaker reported Q3 deliveries growth of 199% Y/Y to 25,666 units vs. the guidance range of 23,000 to 25,000 vehicles. Total revenue was up 188% during the quarter.
Xpeng also highlighted again its plans to expand in Europe and invest in self-driving technology.
XPEV traded as high as $54.00 earlier in the session to mark its high point since January.