First-quarter revenues for both Li Auto (LI) and XPeng (XPEV) rise year over year. However, LI witnesses a 10.5% decline in its EPS, while XPEV's loss per share narrows on a year-over-year basis.
Dublin, May 28, 2024 (GLOBE NEWSWIRE) -- The "Analysis on Xpeng's Layout in Electrification, Connectivity, Intelligence and Sharing" report has been added to ResearchAndMarkets.com's offering.Research on Xpeng's layout in electrification, connectivity, intelligence and sharing: in the innovation-driven rapid development, secured orders for 100 flying cars.NIO, Xpeng and Li Auto are among the fastest-moving automakers in the revolution of electrification, connectivity, intelligence and sharing, a
Chinese electric vehicle (EV) manufacturer, Xpeng Inc. (NYSE:XPEV), saw a significant surge in its shares following a promising forecast for Q2 deliveries and an improved profit margin, as reported by CNBC on Wednesday. The company’s Hong Kong-listed shares rose over 13% in Wednesday’s morning trade, while its U.S.-listed shares climbed nearly 6% in Tuesday’s U.S. trade after the Q1 results were announced. Xpeng reported a 5.5% increase in vehicle margin in Q1, a significant improvement from the