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Express News | Xiaopeng Huitian: It is expected that in 2026, "Xianfeima" users will be able to "take off."
Express News | Xiaopeng Autos: Recently, Xiaopeng Charging has launched 29 self-operated charging stations, including 2 S5 super fast charging stations, 16 S4 super fast charging stations, 1 S2 fast charging station, and 10 destination stations.
U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.
The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
U.S. stock market movement | Stocks of Electric Vehicles decline, with XPeng Motors (XPEV.US) down over 3.7%.
The stocks of Electric Vehicles have declined, as of the report, Xpeng Motors has dropped more than 3.7%.
U.S. stocks moved丨Xpeng Motors fell over 3.5% in pre-market trading after UBS Group downgraded its rating to "Sell".
Gelonghui, December 13 | Xpeng Autos (XPEV.US) dropped more than 3.5% in pre-market trading, priced at $12.36. On the news front, UBS Group previously released a research report, raising the Target Price for Xpeng Autos from $8.2 to $8.8, and downgraded the rating from 'Neutral' to 'Sell'. The bank mentioned doubts about the sustainability of the company's monthly delivery volume of 0.01 million units for the M03 and P7+. A cautious outlook was maintained regarding the trends of mainstream electric vehicles in the first half of next year. Additionally, UBS Group also pointed out that although it believes that extended-range electric vehicle (EREV) products could expand the company's overall market, there is still a lack of visibility regarding the company's EREV product pipeline.
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