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What is the price target for Xpeng?

Emily
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XPeng is a Chinese electric vehicle manufacturer headquartered in Guangzhou, Guangdong. The company was founded in 2014 by He Xiaopeng, an early investor in and former chairman of the Chinese Internet company UCWeb.

In October 2018, XPeng completed a US$580 million Series B funding round, which was co-led by Hillhouse Capital and Morningside Venture Capital and included GGV Capital, Alibaba Group, and Xiaomi. As of December 2019, XPeng had delivered over 12,000 vehicles since December 2018.

The company plans to sell its first mass-market vehicle, the G3 SUV, in 2019. The G3 SUV is a five-passenger vehicle with two electric motors (one on each axle) that delivers a range of 360 kilometers (220 miles) on a single charge according to the NEDC cycle. In September 2019, the company started deliveries of the G3 in China.

What is the price Target for Xpeng?

As of December 2019, XPeng had delivered over 12,000 vehicles since December 2018. The company plans to sell its first mass-market vehicle, the G3 SUV, in 2019.

The G3 SUV is a five-passenger vehicle with two electric motors (one on each axle) that delivers a range of 360 kilometers (220 miles) on a single charge according to the NEDC cycle.

Conclusion:

The price Target for Xpeng is $12.00.

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Emily
Emily is a content researcher who is passionate about finding and sharing information. She has a keen eye for detail and enjoys delving into the depths of a topic to find the most interesting and relevant information.
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