BUZZ-Xpeng rises after launching lower-priced G6, G9 SUVs

Reuters
03-13
BUZZ-Xpeng rises after launching lower-priced G6, G9 SUVs

** U.S.-listed shares of electric vehicle maker Xpeng 9868.HK rise 1.6% to $25.12 in premarket trading

** Co unveils refreshed versions of its G6 and G9 SUVs at lower prices than previous models

** New G6 starts at 176,800 yuan ($24,402), 11.6% lower than its predecessor, while the G9 will sell from 248,800 yuan, a 5.7% drop, Xpeng's Chairman He Xiaopeng said at a press conference on Thursday.

** Stock had fallen 19% in 2024

($1 = 7.2454 Chinese yuan renminbi)

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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