- 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.
Dow Jumps 100 Points; Netflix Reports Strong Q4 Sales
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.29% to 38,013.76 while the NASDAQ rose 0.85% to 15,557.69. The S&P 500 also rose, gaining, 0.53% to 4,890.27.