MGA has recently been in the news on account of a new vehicle assembly deal with Xpeng which marks its first collaboration with a Chinese EV player in Europe. Assembly volumes for MGA's 'Complete Vehicle' division have been on a slump, but this development could help boost prospects, particularly next year, when a mass market model could come tothetable. The XPEV partnership marks MGA's first C...
Chinese electric carmaker Xpeng will recall 47,490 P7+ electric sedans from Sept. 15 due to a potential steering assist failure, the Chinese market regulator said in a statement on Friday.
Xpeng plans to launch its mass-market Mona brand outside of China, CEO He Xiaopeng told CNBC. These new cars could ramp up competition with traditional automakers like BMW and Mercedes who have looked to fend off Chinese competition with their own electric vehicles.
XPENG demonstrates the latest advances in its AI ecosystem, from the European premiere of its groundbreaking Next P7 to the global adaptation of its Turing AI Driving, which will deliver top smart driving by Q4 2026. The XPENG Munich R&D Center — its first in Europe — is the next milestone in its global aspiration and enables future co-innovation with Europe.
China's electric vehicle (EV) sector recorded a strong rebound in August as sales recovered from a mid-year slump, as per a CNBC report. Leading automakers BYD, Nio, Xpeng, and Leapmotor posted delivery records following a challenging period of price cuts and intense competition.
37,709 vehicles delivered in August, up 169 % YoY and 3 % MoM Sets a new record for monthly deliveries GUANGZHOU, China, Sept. 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for August 2025.
Chinese electric vehicle companies could be at risk of a big reversal as competition and the ongoing price wars start to dent their profits, which happened to BYD Last week. This crisis may hurt top companies like Li Auto (LI), XPeng (XPEV), and Nio (NIO) stocks.
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