XPeng Inc (XPEV) Share Price

Battery swap solves all the issues EV's suffer from. Range anxiety, lengthy charging times, battery degradation, apartment dwellers can't plug in at home and so on. Battery swap takes as long as it does to fuel an ICE vehicle and you don't even have to get out of the car.

Face it, battery swap will be the industry standard.

Selling more EVs then Tesla

All you here about is ni#. Meanwhile we have doubled that pathetic stick and no one says a word. $xpev!

Hope to see this keep climbing steady.

Holding 13k shares

Tesla, Inc.‘s (NASDAQ:TSLA) China recovery could face a risk as a domestic nimble upstart has just launched a product that is selling at a fast pace.

What Happened: XPeng, Inc. (NASDAQ:XPEV) kicked off deliveries of its new low-end electric-vehicle model, Mona M03, at the Chengdu Auto Show, which is being held on Aug. 30 to Sept. 8. The company unveiled the all-electric hatchback coupe, at its 10th Anniversary Gala Night held on Tuesday.

XPeng Chairman and CEO He Xiaopeng delivered the Mona M03 to its first owners on the show floor, reported CnEVPost adding that volume deliveries of the model would begin imminently. The company reportedly said it received 30,000 firm orders in the first 48 hours of availability, with 55% of the customers under 30 years and 61% men.

The company has unveiled three variants of the electric sedan, with a starting price of 119,800 yuan (around $16,900). This is about half as much as the cost of Tesla’s cheapest made-in-China Model 3 (rear-wheel-drive variant), which is listed at 231,900 yuan on the company’s China website.

See Also: Best EV Stocks

Why It’s Important: Tesla has been facing cut-throat competition in China as the mushrooming upstart ecosystem offers a serious threat to demand. More importantly, the U.S. company is stymied by the lack of a model to cater to the lower end of the market.

Recently, Tesla extended its “zero-interest-rate” financing scheme in China to the end of September, and this was seen by analysts as a signal that the company is still struggling with demand.

Weekly insurance registration data for Tesla EVs has shown an improvement but it may have come at a cost, potentially pressuring margins further.

Price Action: In premarket trading, XPeng ADRs listed on the NYSE rose 3.43% to $8.14, according to Benzinga Pro data. The stock has been seeing some upward momentum this week on the back of a stock purchase by Xiaopeng. Tesla climbed 1.60% to $209.59.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

https://ir.xiaopeng.com/news-releases/news-release-details/xpeng-reports-second-quarter-2024-unaudited-financial-results

XPEV 10Q due AUGUST 19

Yep it is XPEV

Yep it is XPEV

This is on par with a Tesla Model Y but better in some ways.

?

Dow Jones NewsJul 17, 10:00 AM UTC

  Software Defined Vehicle Market worth USD 1,237.6 billion by 2030 | MarketsandMarkets  

 

CHICAGO, July 17, 2024 /PRNewswire/ -- Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%, according to a new report by MarketsandMarkets. There are various factors that affect the growth of demand for SDVs in the global market. Receiving over-the-air updates guarantees that customers' car software is always up to date with the newest features and vehicle security improvements. Due to the regular software upgrades can often cure issues remotely, OEMs will profit greatly from lower recall costs. Furthermore, new business models that allow for real-time car diagnostics and problem solving, such as remote diagnostics, improve maintenance process.

 

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=187205966

 

Browse in-depth TOC on "Software Defined Vehicle Market"

 

118 - Tables

 

93 - Figures

 

238 - Pages

 

Software Defined Vehicle Market Scope:

  Report Coverage Details ------------------------- --------------------------------------------------- Market Revenue in 2024 USD 213.5 billion ------------------------- --------------------------------------------------- Estimated Value by 2030 USD 1,237.6 billion ------------------------- --------------------------------------------------- Growth Rate Poised to grow at a CAGR of 34.0% ------------------------- --------------------------------------------------- Market Size Available for 2020--2030 ------------------------- --------------------------------------------------- Forecast Period 2024-2030 ------------------------- --------------------------------------------------- Forecast Units Value (USD Billion) ------------------------- --------------------------------------------------- Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends ------------------------- --------------------------------------------------- Segments Covered SDV Type (Semi-SDV. SDV), E/E Architecture (Distributed, Domain Centralised, Zonal Control), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region ------------------------- --------------------------------------------------- Geographies Covered Asia Pacific, North America, and Europe. ------------------------- --------------------------------------------------- Report Highlights Updated financial information / product portfolio of players ------------------------- --------------------------------------------------- Key Market Opportunities SDV platform monetization ------------------------- --------------------------------------------------- Key Market Drivers Reduced recall and manufacturing costs ------------------------- ---------------------------------------------------

SDV segment is expected to have significant growth opportunities in global Software Defined Vehicle market.

 

During the forecast period, SDVs are expected to have largest growth prospects. Unlike conventional vehicles, which mostly rely on predefined hardware configurations, SDVs are more flexible and adaptive in nature which allows their functionality to be upgraded and improved over time through software upgrades. Among contemporary OEMS, Tesla has been setting the standard for the switch to SDVs since 2012. Leading OEMs such as Stellantis, BMW, Volkswagen among others are currently in the transition phase, moving from Semi-SDVs to SDVs fully by 2030, including increased flexibility and agility through OTA updates that enable quick response to market demands and problem solving without necessitating physical recalls. This will reduce production costs by focusing on standardizing hardware and software differentiation. Further, it prolongs the life of automobiles by upholding software upgrades.

 

"China to lead the Software Defined Vehicle market in Asia Pacific."

 

China is the largest vehicle market in the Asia Pacific and one of the biggest automobile markets worldwide, is expected to have significant growth in the Software Defined Vehicle industry. This will be led by continuous R&D and advancement in the autonomous driving technology by local software mobility providers and sophisticated automotive ecosystems integrating cloud-native technologies. Leading OEMs and technology providers in the country are utilizing open-source platforms to develop next-generation vehicle equipped with software stacks, which enhances SDV capabilities such as driving assistance, connectivity, and digitalization. SDV providers such as NIO, Li Auto Inc., ZEEKR, XPENG Inc. among others currently provide SDVs in China. Also, these SDV providers are partnering with software mobility providers to enhance their SDV capabilities. For instance, in May 2024, XPENG partnered with TrueEV, an Australia based Electric mobility provider company. TrueEV will handle distribution and retail of XPENG vehicles in Australia, starting with the launch of the XPENG G6 SUV, built on the SEPA 2.0 platform, by the end of 2024, for global markets.

 

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=187205966

 

Software Defined Vehicle Market Dynamics:

 

Drivers:

 

1. Reduced recall and manufacturing costs

 

Restraints:

 

1. Increase in risk of cyberattacks

 

Opportunities:

 

1. SDV platform monetization

 

Challenge:

 

1. Complex software updates and security patching

 

Key Market Players Software Defined Vehicle Industry:

 

Prominent players in the Software Defined Vehicle Market include Tesla (US), Li Auto Inc. (China), NIO (China), Rivian (US), XPENG Inc. (China), and ZEEKR (China) and among others.

 

The break-down of primary participants is as mentioned below:

  -- By Company Type: Tier I -- 42%, Tier II -- 40%, and OEM --18%, -- By Designation: C-level Executives-- 57%, Directors -- 29%, and Executives -- 14% -- By Region: North America -- 39%, Europe -- 33%, and Asia Pacific -- 28%  

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=187205966

 

Software Defined Vehicle Industry Recent Developments:

  -- In June 2024, XPENG Inc. partnered with NVIDIA Corporation for the adoption of the NVIDIA DRIVE Thor platform for its next-generation EVs. This platform will power XPENG's XNGP AI-assisted driving system, enhancing intelligent driving capabilities. XPENG launched the G6 Coupe SUV, G9 SUV, and P7 Sedan equipped with NVIDIA DRIVE Orin, boasts continuously upgraded AI capabilities through over-the-air updates. -- In June 2024, XPENG Inc. launched its all-new G6 electric mid-size SUV, positioning it as a strong contender against established rivals like the Tesla Model Y in the Australian market. It is designed on XPENG's SEPA 2.0 platform. The vehicle also features bidirectional charging (V2X) with V2L support up to 3.3 kW AC, making it versatile for energy transfer to external devices. This SUV accelerates from 0 to 100 km/h in 6.9 seconds and reaches a top speed of 200 km/h, powered by a rear-wheel drive system generating 190 kW (258 PS) of total power and 440 Nm of torque. Its battery architecture operates at 800 V, and it supports up to 11 kW AC charging. -- In June 2024, Rivian launched the second generation of the R1 lineup i.e., R1S and R1T models with software-defined technology. These vehicles feature a streamlined electrical architecture, reducing ECUs from 17 to 7 and significantly cutting down wiring. The new Rivian Autonomy Platform, powered by advanced sensors and AI, enhances driving assistance capabilities. In-vehicle connectivity includes digital car keys via Apple Wallet and Google Pixel, a rich entertainment system with streaming video and Apple Music integration, and an interactive user interface powered by Unreal Engine.

Software Defined Vehicle Market Size - Key Benefits of Buying the Report:

  -- The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Software Defined Vehicle market and the subsegments. -- This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. -- The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

This report provides insights on:

  -- Analysis of key drivers (Reduced recall and manufacturing costs, personalized client engagement, integration of ADAS digital cockpits, and increasing adoption of 5G technology), restraints (Limited over-the-air updates and increase in risk of cyberattacks), opportunities (Remote diagnostics, Pay-per-use mobility, SDV platform monetization and Digital twin for emergency repair), and challenges (Complex software updates and security patching and risk of data breach) influencing the growth of the Software Defined Vehicle market. -- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Software Defined Vehicle market. -- Market Development: Comprehensive information about lucrative markets -- the report analyses the Software Defined Vehicle market across varied regions. -- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Software Defined Vehicle market.

 

  17 Jul 2024, 10:00 Software Defined Vehicle Market worth USD 1,237.6 -2-  

 

-- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Tesla (US), Li Auto Inc. (China), NIO (China), Rivian (US), XPENG Inc. (China), and ZEEKR (China), among others in the Software Defined Vehicle market.

Related Reports:

 

Connected Car Market - Global Forecast to 2030

 

ADAS Market - Global Forecast to 2030

 

Electric Vehicle Market - Global Forecast 2030

 

Autonomous / Self-Driving Cars Market - Global Forecast to 2030

 

Get access to the latest updates on Software Defined Vehicle Companies and Software Defined Vehicle Industry Growth

 

About MarketsandMarkets(TM):

 

MarketsandMarkets(TM) has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

 

MarketsandMarkets(TM) is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

 

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore(TM) (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

 

To find out more, visit www.MarketsandMarkets(TM).com or follow us on Twitter, LinkedIn and Facebook.

 

Contact:

 

Mr. Rohan Salgarkar MarketsandMarkets(TM) INC.

 

630 Dundee Road

 

Suite 430

 

Northbrook, IL 60062

 

USA: +1-888-600-6441

 

Email: sales@marketsandmarkets.com

 

Visit Our Website:
View original content:https://www.prnewswire.com/news-releases/software-defined-vehicle-market-worth-usd-1-237-6-billion-by-2030--marketsandmarkets-302199096.html

 

SOURCE MarketsandMarkets

(END) Dow Jones Newswires

 

July 17, 2024 06:00 ET (10:00 GMT)

 

 

Good levels to get in on this.

sold out 820 / made 1400

XPEV new 52 lo

XPEV new 52 lo

XPEV new 52 lo

Was there news or is it just doing its normal fluctuation?

XPEV new 52 week lo

wrong chart. but you probably know that

XPEV 10Q due 3/19

$XPEV Setting up for a Ascending Triangle breakout with a Bollinger Band squeeze breakout .
XPEV Chart

How does the economy look now....Chinese stock market falling harder than 100lb hemorrhoids lol...I shorted this pos 5 times so far....

Exactly why I been screaming for years that hydrogen fuel cars are the future

https://www.the-sun.com/tech/10050550/flying-super-car-ces/

https://www.otcmarkets.com/stock/XPEV

$XPEV Total Debt (mrq) $16.26B. $.50 coming

🤣

Ghost cities? Take run down Kensington Philadelphia, LA s skidrow

Yeah right. Keep believing US govt propaganda against a stronger Chinese economy ..

https://www.otcmarkets.com/stock/XPEV

China is Throwing Away Fields of Electric Cars - Letting them Rot!
$XPEV

The Secret behind China's Ghost Cities
$XPEV

Abandoned electric cars piling up in China's 'EV graveyards' | The World
$XPEV

$XPEV https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172894428

https://www.otcmarkets.com/stock/XPEV

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172709034 $XPEV

https://ih.advfn.com/stock-market/NYSE/xpeng-XPEV/stock-news/91904683/form-6-k-report-of-foreign-issuer-rules-13a-16

https://carnewschina.com/2023/08/27/xpeng-x2-evtol-completed-a-cross-river-flight-in-china-video/

Why $XPEV Is down this month. Vehicle sales in China fell 1.4 percent year-on-year to 2.387 million units in July 2023 https://tradingeconomics.com/china/total-vehicle-sales

$XPEV Total Debt (mrq) $14.55B

Ocean shippers playing catch up to electric vehicle fire risk
https://www.reuters.com/business/autos-transportation/ocean-shippers-playing-catch-up-electric-vehicle-fire-risk-2023-07-27/ $XPEV

Chinese Cars for Europe by Mullen Competition heating up https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172598435 $XPEV

Time will come for this stock to blow soon

XPEV
XPeng Inc
16.20
-0.58 (-3.46%)
Volume: 14,071,151
Day Range: 15.89 - 16.36
Last Trade Time: 7:59:50 PM EDT

Looks like a lot of old investors took off. With their money when we shot up to the 20s

Once revs or another set if news hits we should see a big move.

One things for sure. We I'll see better days was we draw near to flying car mania release date.

So we accumulate until then.

This is guaranteed money in my book

XPEV into more erosion after that move to 20s.

mb

Nice