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Xpeng Launches Updated G6 and G9 SUVs With Upgraded Features and Lower Prices
Express News | China's Xpeng: Prices Refreshed Electric SUV G9 From 248,800 Yuan, 5.7% Lower Than Older Model
Express News | China's Xpeng: Refreshed Electric Suvs G6, G9 Equipped With Free Turing AI Smart Driving System
Cui Dongshu: In February, the Autos market showed a trend of strong passenger vehicles and weak commercial vehicles, with total sales of 2.113 million units, a year-on-year increase of 33%.
At the beginning of February, the car market showed signs of fatigue after being overdrafted. After the policies were released and implemented, Consumers gradually lifted their wait-and-see attitude, and the market's activity quickly increased.
XPENG Q4 2024 Earnings Conference Call
【Brokerage Focus】BOCOM INTL maintains a Buy rating on Xiaopeng Autos (09868), expecting continued sales growth driven by the launch of new vehicles.
Jinwu Financial News | BOCOM INTL's Research Reports indicate that Xpeng Motors (09868) will officially launch the 2025 G6 and G9 models on March 13. The firm believes that the final pricing will adopt the successful cost-effective pricing strategy used since last year. New Orders are expected to continue to grow. The firm pointed out that Xpeng's weekly sales have surpassed Ideal in recent weeks, making it the number one among new forces, with strong performance during the off-season. The firm predicts that with the launch of new and updated models, sales are expected to continue to grow. Benefiting from the popularization of smart driving and the increase in new vehicle volume, the firm has raised its 2025 sales forecast by 30.4% to 0.44 million vehicles. Quarterly profits in the second half of 2025 are expected to turn positive.
