Xpeng Shares Surge as Losses Narrow and Deliveries Rise
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Xpeng Shares Surge as Losses Narrow and Deliveries Rise
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About this listen
Xpeng is experiencing a remarkable surge in its stock prices, adding to an impressive 66% rally as the company reports a significant narrowing of its losses. With a strong outlook, Xpeng anticipates delivering between 102,000 and 108,000 electric vehicles in the upcoming second quarter, reflecting growing confidence in the Chinese electric vehicle market and the company's operational efficiency. This positive news has generated excitement among investors, suggesting a promising trajectory for the brand in the competitive EV landscape.
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