Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
XPeng, Inc. Class A ( (HK:9868) ) has issued an announcement.
XPeng, Inc. has announced the renewal of its Cooperation Framework Agreement with Guangdong Huitian, effective from January 1, 2026, to December 31, 2028. This agreement continues their collaboration in the research, development, manufacturing, sales, and after-sales service of flying vehicles. The partnership involves Guangdong Xiaopeng providing R&D, technology consulting, and sales agent services, while Guangdong Huitian focuses on the air module’s R&D and manufacturing. The agreement also includes provisions for technological upgrades and the exclusive sale of flying vehicles by Guangdong Xiaopeng to Guangdong Huitian, with non-exclusive sales to end customers through XPeng’s distribution network. This strategic move is expected to strengthen XPeng’s position in the emerging flying vehicle market.
The most recent analyst rating on (HK:9868) stock is a Buy with a HK$98.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.
More about XPeng, Inc. Class A
XPeng, Inc. is a company involved in the automotive industry, focusing on the development and production of electric vehicles, including flying vehicles. The company is known for its innovation in automotive technology and has a market focus on integrating advanced technologies into its products.
Average Trading Volume: 21,427,472
Technical Sentiment Signal: Buy
Current Market Cap: HK$146.7B
See more insights into 9868 stock on TipRanks’ Stock Analysis page.