XPeng (NYSE:XPEV) shares are tanking today ahead of the start of its G9 SUV deliveries in October.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The company though, expects the model to be a key catalyst for growth. The SUV is its fastest charging model on the market and its President and Honorary Vice Chairman Brian Gu anticipates the vehicle’s demand to surpass its P7 model by 2023 end, according to CNBC.
Read full Disclosure