HKG:9868

23 stories mentioning HKG:9868Updated 8d ago

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Market Chatter: XPeng in Talks with Volkswagen to Buy Factory in Europe

XPeng (HKG:9868) is talking with Volkswagen and other carmakers for the possible purchase of a production facility in Europe, the Financial Times reported Wednesday."We are ... discussing with (Volkswagen) to see if there is any possibility we can find a location here in Europe," XPeng's Managing Director for Northeastern Europe, Elvis Cheng, said during the newspaper's Future of the Car summit on Wednesday.Xpeng's plan comes days after the German carmaker's CEO, Oliver Blume, said Volkswagen could bring its China-developed cars to Europe or even share factory capacity in Europe with Chinese partners, Reuters reported separately.Volkswagen purchased a 4.99% stake in Xpeng at the end of 2023.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:9868

Asia136d ago

XPeng Delivers 31,011 Vehicles in April

XPeng (HKG:9868) delivered 31,011 vehicles in April, up 13% from the prior month, according to a Monday Hong Kong bourse filing.The company said test-drive satisfaction improved following the rollout of VLA 2.0, with the average purchase decision time after test drives falling 44.7% month over month.XPeng also unveiled the GX, its first full-sized flagship SUV, and began local production of the P7+ in Austria with partner Magna.

HKG:9868

Asia153d ago

XPeng Grants Nearly 2.3 Million RSUs to Employees Under Incentive Scheme

XPeng (HKG:9868) granted nearly 2.3 million restricted share units (RSUs) to 69 employees under a 2025 incentive plan, according to a Friday Hong Kong bourse filing.The RSUs represent the same number of underlying class A ordinary shares of the EV maker.The shares roughly represent 0.12% of the firm's enlarged issued share capital.The company now has about 153.1 million and 9.5 million class A ordinary shares available for future grant under the scheme mandate limit and the service provider sublimit.

HKG:9868

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