China’s Xpeng forecasts rise in quarterly deliveries as promotions boost EV demand

China’s Xpeng forecasts rise in quarterly deliveries as promotions boost EV demand

May 21, 2024 / Riah Marton /



CHINESE electric-vehicle maker Xpeng forecast a rise in second-quarter vehicle deliveries on Tuesday (May 21), saying it expects a boost to demand from lower prices and subsidies, sending its US-listed shares up 8 per cent in premarket trading.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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