Major bank rating丨Deutsche Bank: Maintains Buy rating on Xiaopeng Autos, with delivery volume potentially doubling by 2025.

Deutsche Bank's research report states that Xpeng's electric vehicle deliveries may more than double by 2025. Deutsche Bank expects Xpeng to deliver 400,000 Autos in 2025, a year-on-year increase of 110%. The bank pointed out that there are a large number of reserved Orders for some existing models of Xpeng, and there are also strong new product launch plans for 2025. Xpeng plans to launch at least four new products this year. Deutsche Bank maintains a "Buy" rating on Xpeng's Stocks, with a target price of 72.00 HKD.

Gelonghui Finance19minutes ago

XPeng Likely to More Than Double EV Deliveries in 2025 -- Market Talk

WSJ31minutes ago

Hong Kong stocks moving differently | Auto stocks generally rebound with several car companies achieving record sales in December. The trade-in program is expected to continue to drive a booming automotive market this year.

Electric Vehicles stocks rebounded. As of the time of writing, NIO-SW (09866) rose by 5.25%, priced at 36.1 HKD; Li Auto-W (02015) increased by 3.25%, priced at 96.95 HKD; Great Wall Motor (02333) rose by 2.62%, priced at 13.34 HKD.

Zhitong Finance21:40 ET

New energy stocks rose broadly, with NIO (09866) increasing by 6.27%. Institutions expect this year's penetration rate of New energy Fund to further increase.

Golden Investment News | Stocks in the New Energy Autos sector rose broadly, with NIO (09866) up 6.27%, Li Auto (02015) up 3.62%, Xpeng Motors (09868) up 2.22%, LEAPMOTOR (09863) up 1.59%, and Geely Auto (00175) up 1.56%. BOCOM INTL indicated that benefiting from trade-in programs, the new energy vehicle sector in China is expected to show strong growth in 2024. The penetration rate of new energy vehicles reached 47% in the first eleven months of 2024. With more extended-range and hybrid models being released, the bank predicts that the penetration rate of new energy vehicles is expected to further increase by 2025.

King Wu Financial News21:20 ET

Xpeng Reports Deliveries of Smart EVs Jump 82% in December 2024

MT Newswires20:19 ET

[Hong Kong Stock Connect] Xpeng Autos (09868) delivered a total of 91,507 Asia Vets electric vehicles in the fourth quarter of last year, a year-on-year growth of over 50%.

Jinwu Finance | Xiaopeng Autos (09868) announced the delivery data of smart vehicles for December and the fourth quarter of last year. In December 2024, Xiaopeng Autos delivered a total of 36,695 smart electric vehicles, an increase of 82% year-on-year and 19% month-on-month. Among them, the delivery volume of Xiaopeng MONA M03 exceeded 15,000 units, and the delivery volume of Xiaopeng P7+ exceeded 10,000 units. In the fourth quarter of 2024, Xiaopeng Autos cumulatively delivered 91,507 smart electric vehicles, marking a 52% increase compared to the same period last year. The total delivery volume for 2024 reached 190,068 units, an increase compared to the previous year.

Jinwu Finance News19:59 ET