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China NEV Retail at 274,000 in Aug 1-11, up 25% From Same Period Last Month
Xpeng to Launch Mona M03 on Aug 27
xpeng (09868) rose 2.11% against the market in the Hong Kong stock market. The SOP delivery of the acquisition of Didi's smart automobile development business assets has occurred.
Golden Finance News | Xpeng's (09868) stock price rose in early trading, with a 2.11% increase to HK$26.6 as of press time, and a turnover of 63.0504 million HKD. Xpeng (XPEV) rose by 5.13% and closed higher in overnight trading, with a reported price of $6.97 per share and a trading volume of 58.6393 million USD. The company announced last night that mass production of the Mona vehicle has begun for sale and delivery to ordinary customers from July 30, 2024, thus achieving the SOP milestone under the share purchase agreement. Starting from August 1, 2024, the first batch of Asia Vets smart pure electric coupes, Xpeng MONAM03, will be available.
Stocks in Hong Kong have risen more than 3% for Xpeng-W (09868) due to the fact that the milestone under the share purchase agreement has been achieved.
Xpeng-W (09868) rose more than 3%. As of publication, it rose 3.65%, reported HK$27, with a turnover of HK$13.7103 million.
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Xpeng (09868.HK): The SOP milestone under the share purchase agreement has been achieved.
Xpeng-W (09868.HK) announced on August 13th that the company had started production of mass-produced vehicles Mona on July 30, 2024 for sales and delivery to ordinary customers. Therefore, the milestone of SOP under the share purchase agreement has been achieved. Since August 1, 2024, the first batch of smart pure electric liftback coupe Xpeng MONA M03 has been gradually arriving at Xpeng's showrooms nationwide. Correspondingly, SOP delivery occurred on August 13, 2024. According to the share purchase agreement, the company has issued 4,636,447 Class A common shares to Didi for distribution.
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