XPENG-W Shares Surge Over 5% on Strong May Deliveries and New Flagship Model Launch

Stock News
Jun 01



XPENG-W (09868) saw its shares rise more than 5% following the release of its May delivery figures and the market debut of its new flagship model.

The company reported delivering 32,158 new vehicles in May 2026, representing a 4% increase from the previous month.

On May 20th, the new technology flagship model, the XPENG GX, officially launched and began customer deliveries.

The vehicle is offered in both pure electric and super extended-range versions, comprising a total of eight configurations, aiming to redefine the benchmark for tech-luxury.

Within 12 hours of its launch, the model secured 24,863 firm orders, with the Ultra flagship version accounting for over 80% of these orders.

Store traffic and test drive volumes for the new model reached record highs for a comparable launch period in the company's history.

Furthermore, XPENG plans to deliver four globalized models in the second half of this year, targeting sustained overseas monthly sales exceeding 10,000 units in the fourth quarter.

The company aims to more than double its full-year overseas sales compared to the previous year.

Currently, XPENG is advancing the mass production and global expansion of its physical AI applications, including the second-generation VLA model, Turing AI chips, Robotaxi, and humanoid robotics.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10