- XPeng Inc (NYSE:XPEV) launched XPENG G6 Ultra Smart Coupe SUV, its fifth smart EV model, at Auto Shanghai 2023.
- The first production model is based on the company’s recently launched new integrated technology architecture, SEPA2.0.
- XPENG G6 coupe SUV has China’s only mass-produced front and rear integrated aluminum body die-casting technology, 800V high-voltage SiC platform, 3C battery cells, and CIB battery-body integration technology.
- The company expects the model to set a new benchmark for the mid-sized battery electric vehicles (BEV) SUV segment.
- “We aspire to redefine the mobility experience of a broad customer base with streamlined configurations, outstanding performance, a unified immersive product experience and efficient development iterations.” said Mr. He Xiaopeng, Chairman & CEO.
- Price Action: XPEV shares are trading lower by 2.62% at $11.13 premarket on the last check Monday.
HC Wainwright & Co. Maintains Buy on Vera Therapeutics, Raises Price Target to $36
HC Wainwright & Co. analyst Ed Arce maintains Vera Therapeutics (NASDAQ:VERA) with a Buy and raises the price target from $35 to $36.