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Stock impact report

What's New With Xpeng Stock? [Forbes]

Li Auto Inc. - American Depositary Shares (LI) 
Company Research Source: Forbes
TO GO WITH "EV dominate Norway's new car market in 2024" (Photo by Zhang Yuliang/Xinhua via Getty Images) Xinhua News Agency via Getty Images Chinese luxury EV maker Xpeng reported a strong set of delivery numbers for December. Deliveries grew 82% year-over-year to 36,695 vehicles. The number was also up 19% month-over-month. Moreover, full-year 2024 deliveries stood at 190,068 units, a 34% increase from 2023. In comparison, Li Auto , the largest of the emerging EV players in China, delivered 58,513 vehicles for December 2024, an increase of 16.2% year-over-year. Nio stock reported deliveries of 31,138 vehicles, up 73% compared to last year. A good portion of Xpeng's year-over-year growth appears to have been driven by the company's new sub-brand, Mona, with the first model, the Mona M03, selling over 15,000 units in December, marking the fourth straight month of 10,000 plus sales. The vehicle has a starting price of about RMB 119,800 (about $17,000), which is well below Xpeng's Show less Read more
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