Chinese electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday, thanks to new car models and improving domestic market. XPeng is seeing a steady demand for its MONA M03 mid-sized sedan, having delivered more than 10,000 units for the second straight month in Oc

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XPeng forecasts quarterly revenue above estimates

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Government of Singapore

Announces Continued Revenue Growth and Best Quarter for Fixed Cost Leverage with YTD Studio-Level Profitability +70% YoY

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Leon Cooperman

Allianz

Canada

MINILUXE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024

(Reuters) -Chinese electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday, as a refreshed product line-up and improving domestic market help the company see higher demand. U.S.-listed shares of the company were up 5.1% in premarket trading. XPeng is seeing a steady demand for its MONA M03 mid-sized sedan, having delivered more than 10,000 units for the second straight month in October.    MONA M03 com…

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Midwest Communications

XPeng forecasts upbeat fourth quarter revenue as new launches improve demand

CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed product line-up and improving domestic market help the company see higher demand.

Business Times

Green Stock News for the New Green Economy.

Green Stock News

XPENG Reports Third Quarter 2024 Unaudited Financial Results

XPeng, the Guangzhou-based electric vehicle (EV) maker, announced its third-quarter earnings results on Tuesday, reporting record revenue and gross margin as sales reached new highs between July and September.

ELECTRIC VEHICLES

XPeng Reports Q3 Record Revenue and Gross Margin, Expects Strong Q4

XPENG delivers 46,533 EVs in Q3, achieving record 15.3% gross margin and 24.5% QoQ revenue growth. Company projects strong Q4 with up to 91,000 deliveries despite losses.

stocktitan.net

XPENG Q3 Revenue Soars 24.5% with Record 15.3% Gross Margin, Despite Net Loss

Xpeng reported a record gross margin of 15.3 percent in the third quarter, compared to negative 2.7 percent in the same period in 2023 and 14.0 percent in the second quarter of 2024. For details, please visit CnEVPost.

CnEVPost

Xpeng posts 25% revenue growth in Q3 over Q2, gross margin hits record high of 15.3%

The Chinese manufacturer of high-end electric vehicles Xpeng reduced its quarterly losses to 1.5 billion yuan (196.12 million euros) between July and September thanks to an increase in sales volumes. Revenues, which increased by 18.4% over the period, stood at 10.1 billion yuan (1.320 million euros), above the forecast of the consensus of market analysts. Continue reading

El fabricante chino de vehículos eléctricos de alta gama Xpeng redujo sus pérdidas trimestrales hasta los 1.500 millones de yuanes (196,12 millones de euros) entre julio y septiembre gracias a un aumento de los volúmenes de ventas. Los ingresos, que aumentaron un 18,4% en el periodo, se situaron en los 10.100 millones de yuanes (1.320 millones de euros), por encima de las previsiones del consenso de analistas del mercado.  Seguir leyendo

XPeng forecasts quarterly revenue above estimates

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