SWong8899
2021-03-08
Good result and hope Xpeng will continue to deliver better result in the future
XPeng Beats Q4 Revenues, Guides For Strong Q1 Deliveries<blockquote>小鹏汽车第四季度营收超预期，第一季度交付量强劲</blockquote>
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(NYSE: XPEV) reported better-than-expected fourth-quarter 2020 revenues and a wider than expected loss Monday.","content":"<p><html><body><strong>XPeng Inc. </strong>(NYSE: XPEV) reported better-than-expected fourth-quarter 2020 revenues and a wider than expected loss Monday. The company also announced timelines for the launch of its forthcoming vehicle models and issued a strong forecast for the first quarter of 2021.</p><p><blockquote><html><body><strong>小鹏汽车</strong>（纽约证券交易所股票代码：XPEV）周一公布了好于预期的2020年第四季度收入和超出预期的亏损。该公司还宣布了即将推出的车型的时间表，并发布了对2021年第一季度的强劲预测。</body></html></blockquote></p><p> <strong>Key XPeng Numbers: </strong> XPeng reported fourth-quarter revenues of 2.85 billion yuan ($437 million), up 345.5% year-over-year and 43.3% quarter-over-quarter. Vehicle sales accounted for $419.2 million, or 96% of the total revenue.</p><p><blockquote><strong>小鹏汽车主要数据：</strong>小鹏汽车公布第四季度营收为28.5亿元人民币（4.37亿美元），同比增长345.5%，环比增长43.3%。汽车销售额为4.192亿美元，占总收入的96%。</blockquote></p><p> The non-GAAP loss per ADS came in at 15 cents. Analyst median estimates were a loss of 12 cents per share on revenues of $411.82 million.</p><p><blockquote>非GAAP每股ADS亏损为15美分。分析师预期中值为每股亏损12美分，营收为4.1182亿美元。</blockquote></p><p> The bottom-line variance was due to an increase in the number of outstanding ADSs, stemming from the company's follow-on offering in December, a company spokesperson clarified to Benzinga.</p><p><blockquote>公司发言人向Benzinga澄清说，底线差异是由于公司12月份的后续发行导致已发行ADS数量增加。</blockquote></p><p> Q4 gross margin expanded by 280 bps Q/Q to 7.4%. In the year-ago quarter, margins were at a negative 6.6%.</p><p><blockquote>第四季度毛利率环比增长280个基点至7.4%。去年同期，利润率为负6.6%。</blockquote></p><p> Cash and cash equivalents, restricted short-term deposits, and short-term investments stood at $5.42 billion as of Dec. 2020.</p><p><blockquote>截至2020年12月，现金和现金等价物、限制性短期存款和短期投资为54.2亿美元。</blockquote></p><p> Last week, domestic rival <strong>Nio Inc – ADR </strong>(NYSE:NIO) reported a wider-than-expected fourth-quarter loss despite revenues coming in better than expected.</p><p><blockquote>上周，国内对手<strong>蔚来公司-ADR</strong>（纽约证券交易所股票代码：蔚来）公布第四季度亏损超出预期，尽管收入好于预期。</blockquote></p><p> <strong>XPeng's Deliveries: </strong> XPeng's Feb. deliveries fell 63% month-over-month to 2,223, although cumulative deliveries for the Jan-Feb period saw a 577% year-over-year increase. The company blamed the softness in February on an anticipated seasonal decline due to the slowdown in the week-long Chinese New Year holiday. XPeng said it is witnessing robust customer demand as sales and delivery activities resumed after the holiday.</p><p><blockquote><strong>小鹏汽车的交付量：</strong>小鹏汽车2月份的交付量环比下降63%至2,223辆，尽管1-2月期间的累计交付量同比增长577%。该公司将2月份的疲软归咎于为期一周的农历新年假期放缓导致的预期季节性下降。小鹏汽车表示，随着节后销售和交付活动的恢复，客户需求强劲。</blockquote></p><p> Fourth-quarter deliveries were at a record 12,964 units, representing a 302.9% year-over-year increase and a 51.1% month-over-month jump.</p><p><blockquote>第四季度交付量达到创纪录的12,964辆，同比增长302.9%，环比增长51.1%。</blockquote></p><p> \"We closed 2020 on a strong note, with a record number of total deliveries in the fourth quarter of 12,964 vehicles, led by the P7, our second smart EV model, which fueled our robust operational and financial performance throughout the year,\" said He Xiaopeng, Chairman and CEO of XPeng.</p><p><blockquote>何表示：“我们以强劲的势头结束了2020年，第四季度总交付量达到创纪录的12,964辆汽车，其中我们的第二款智能电动汽车车型P7引领了我们全年强劲的运营和财务业绩。”小鹏汽车董事长兼首席执行官。</blockquote></p><p> <em>Related Link: </em><em> XPeng Analyst: Automaker Leads Chinese EV Market In Autonomous Driving</em></p><p><blockquote><em>相关链接：</em><em>小鹏汽车分析师：汽车制造商在自动驾驶领域引领中国电动汽车市场</em></blockquote></p><p> At the end of 2020, the company had 160 stores, 54 service centers, covering 69 cities, and 159 supercharging stations.</p><p><blockquote>2020年底，公司拥有160家门店，54家服务中心，覆盖69个城市，拥有159座超级充电站。</blockquote></p><p> In late-January, the company released the first over-the-air (OTA) update of XPILOT 3.0, its in-house autonomous driving solutions. The update included its navigation-assisted highway autonomous driving solution, called the Navigation Guided Pilot.</p><p><blockquote>1月下旬，该公司发布了其内部自动驾驶解决方案XPILOT 3.0的首次无线(OTA)更新。此次更新包括其导航辅助高速公路自动驾驶解决方案，称为导航引导飞行员。</blockquote></p><p> Since the release, about 20% of all P7s delivered has NGP activated in them. The company said it plans to release multiple OTA updates of XPILOT 3.0 in 2021.</p><p><blockquote>自释放以来，大约20%的所有P7在其中激活了NGP。该公司表示，计划在2021年发布XPILOT 3.0的多个OTA更新。</blockquote></p><p> <strong>Outlook For XPeng: </strong> For the first quarter of 2021, XPeng expects deliveries of 12,000 vehicles, up 450% Y/Y. The company expects first-quarter revenues to increase 531% Y/Y to 2.6 billion yuan.</p><p><blockquote><strong>小鹏汽车展望：</strong>2021年第一季度，小鹏汽车预计交付量为1.2万辆，同比增长450%。该公司预计第一季度营收同比增长531%至26亿元。</blockquote></p><p> It expects to launch automotive-grade lidar technology in its third smart SUV model to be delivered in the second half of 2021. The company also plans to introduce XPILOT 4.0, built on its next-gen autonomous driving hardware platform, which it expects to deploy in its fourth model to be launched in 2022.</p><p><blockquote>预计将在2021年下半年交付的第三款智能SUV车型中推出车规级激光雷达技术。该公司还计划推出基于其下一代自动驾驶硬件平台的XPILOT 4.0，预计将在2022年推出的第四款车型中部署该平台。</blockquote></p><p> Delivery of P7 will begin later in March 2021. The G3 SUVs and P7 sedans armed with lithium iron phosphate batteries would be launched in April and May. A mid-cycle facelift version of G3s is planned for late in the third quarter.</p><p><blockquote>P7将于2021年3月晚些时候开始交付。配备磷酸铁锂电池的G3 SUV和P7轿车将于4月和5月上市。G3s的中期改款版本计划在第三季度末推出。</blockquote></p><p> \"Looking into 2021, we remain dedicated to delivering smarter and more differentiated products to our customers in our relentless drive to implement fast software iteration and technology innovation,\" said Xiaopeng.</p><p><blockquote>小鹏表示：“展望2021年，我们将继续致力于为客户提供更智能、更差异化的产品，不断实现软件快速迭代和技术创新。”</blockquote></p><p> <strong>XPeng Stock: </strong> XPeng's shares were listed on the NYSE in late August of 2020. It ended the year with a gain of a little over 100%. Since late January, the stock has seen notable weakness and is currently down about 35% for the year-to-date period.</p><p><blockquote><strong>小鹏汽车股票：</strong>小鹏汽车股票于2020年8月下旬在纽约证券交易所上市。年底涨幅略高于100%。自1月下旬以来，该股明显疲软，目前今年迄今已下跌约35%。</blockquote></p><p> Reacting to the fourth-quarter report, XPENG shares are trading down 3.78% at $26.97 in the premarket session on the last check Monday.</p><p><blockquote>针对第四季度报告，周一最后一次盘前交易中，小鹏汽车股价下跌3.78%，至26.97美元。</blockquote></p><p> <em>Related Link: </em><em> Is The Nio Sell-Off Overdone?</em></p><p><blockquote><em>相关链接：</em><em>蔚来抛售是否过度？</em></blockquote></p><p> <em>Image Courtesy: Wikimedia</em></p><p><blockquote><em>图片提供：维基媒体</em></blockquote></p><p> </body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Beats Q4 Revenues, Guides For Strong Q1 Deliveries<blockquote>小鹏汽车第四季度营收超预期，第一季度交付量强劲</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXPeng Beats Q4 Revenues, Guides For Strong Q1 Deliveries<blockquote>小鹏汽车第四季度营收超预期，第一季度交付量强劲</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-03-08 20:30</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><html><body><strong>XPeng Inc. </strong>(NYSE: XPEV) reported better-than-expected fourth-quarter 2020 revenues and a wider than expected loss Monday. The company also announced timelines for the launch of its forthcoming vehicle models and issued a strong forecast for the first quarter of 2021.</p><p><blockquote><html><body><strong>小鹏汽车</strong>（纽约证券交易所股票代码：XPEV）周一公布了好于预期的2020年第四季度收入和超出预期的亏损。该公司还宣布了即将推出的车型的时间表，并发布了对2021年第一季度的强劲预测。</body></html></blockquote></p><p> <strong>Key XPeng Numbers: </strong> XPeng reported fourth-quarter revenues of 2.85 billion yuan ($437 million), up 345.5% year-over-year and 43.3% quarter-over-quarter. Vehicle sales accounted for $419.2 million, or 96% of the total revenue.</p><p><blockquote><strong>小鹏汽车主要数据：</strong>小鹏汽车公布第四季度营收为28.5亿元人民币（4.37亿美元），同比增长345.5%，环比增长43.3%。汽车销售额为4.192亿美元，占总收入的96%。</blockquote></p><p> The non-GAAP loss per ADS came in at 15 cents. Analyst median estimates were a loss of 12 cents per share on revenues of $411.82 million.</p><p><blockquote>非GAAP每股ADS亏损为15美分。分析师预期中值为每股亏损12美分，营收为4.1182亿美元。</blockquote></p><p> The bottom-line variance was due to an increase in the number of outstanding ADSs, stemming from the company's follow-on offering in December, a company spokesperson clarified to Benzinga.</p><p><blockquote>公司发言人向Benzinga澄清说，底线差异是由于公司12月份的后续发行导致已发行ADS数量增加。</blockquote></p><p> Q4 gross margin expanded by 280 bps Q/Q to 7.4%. In the year-ago quarter, margins were at a negative 6.6%.</p><p><blockquote>第四季度毛利率环比增长280个基点至7.4%。去年同期，利润率为负6.6%。</blockquote></p><p> Cash and cash equivalents, restricted short-term deposits, and short-term investments stood at $5.42 billion as of Dec. 2020.</p><p><blockquote>截至2020年12月，现金和现金等价物、限制性短期存款和短期投资为54.2亿美元。</blockquote></p><p> Last week, domestic rival <strong>Nio Inc – ADR </strong>(NYSE:NIO) reported a wider-than-expected fourth-quarter loss despite revenues coming in better than expected.</p><p><blockquote>上周，国内对手<strong>蔚来公司-ADR</strong>（纽约证券交易所股票代码：蔚来）公布第四季度亏损超出预期，尽管收入好于预期。</blockquote></p><p> <strong>XPeng's Deliveries: </strong> XPeng's Feb. deliveries fell 63% month-over-month to 2,223, although cumulative deliveries for the Jan-Feb period saw a 577% year-over-year increase. The company blamed the softness in February on an anticipated seasonal decline due to the slowdown in the week-long Chinese New Year holiday. XPeng said it is witnessing robust customer demand as sales and delivery activities resumed after the holiday.</p><p><blockquote><strong>小鹏汽车的交付量：</strong>小鹏汽车2月份的交付量环比下降63%至2,223辆，尽管1-2月期间的累计交付量同比增长577%。该公司将2月份的疲软归咎于为期一周的农历新年假期放缓导致的预期季节性下降。小鹏汽车表示，随着节后销售和交付活动的恢复，客户需求强劲。</blockquote></p><p> Fourth-quarter deliveries were at a record 12,964 units, representing a 302.9% year-over-year increase and a 51.1% month-over-month jump.</p><p><blockquote>第四季度交付量达到创纪录的12,964辆，同比增长302.9%，环比增长51.1%。</blockquote></p><p> \"We closed 2020 on a strong note, with a record number of total deliveries in the fourth quarter of 12,964 vehicles, led by the P7, our second smart EV model, which fueled our robust operational and financial performance throughout the year,\" said He Xiaopeng, Chairman and CEO of XPeng.</p><p><blockquote>何表示：“我们以强劲的势头结束了2020年，第四季度总交付量达到创纪录的12,964辆汽车，其中我们的第二款智能电动汽车车型P7引领了我们全年强劲的运营和财务业绩。”小鹏汽车董事长兼首席执行官。</blockquote></p><p> <em>Related Link: </em><em> XPeng Analyst: Automaker Leads Chinese EV Market In Autonomous Driving</em></p><p><blockquote><em>相关链接：</em><em>小鹏汽车分析师：汽车制造商在自动驾驶领域引领中国电动汽车市场</em></blockquote></p><p> At the end of 2020, the company had 160 stores, 54 service centers, covering 69 cities, and 159 supercharging stations.</p><p><blockquote>2020年底，公司拥有160家门店，54家服务中心，覆盖69个城市，拥有159座超级充电站。</blockquote></p><p> In late-January, the company released the first over-the-air (OTA) update of XPILOT 3.0, its in-house autonomous driving solutions. The update included its navigation-assisted highway autonomous driving solution, called the Navigation Guided Pilot.</p><p><blockquote>1月下旬，该公司发布了其内部自动驾驶解决方案XPILOT 3.0的首次无线(OTA)更新。此次更新包括其导航辅助高速公路自动驾驶解决方案，称为导航引导飞行员。</blockquote></p><p> Since the release, about 20% of all P7s delivered has NGP activated in them. The company said it plans to release multiple OTA updates of XPILOT 3.0 in 2021.</p><p><blockquote>自释放以来，大约20%的所有P7在其中激活了NGP。该公司表示，计划在2021年发布XPILOT 3.0的多个OTA更新。</blockquote></p><p> <strong>Outlook For XPeng: </strong> For the first quarter of 2021, XPeng expects deliveries of 12,000 vehicles, up 450% Y/Y. The company expects first-quarter revenues to increase 531% Y/Y to 2.6 billion yuan.</p><p><blockquote><strong>小鹏汽车展望：</strong>2021年第一季度，小鹏汽车预计交付量为1.2万辆，同比增长450%。该公司预计第一季度营收同比增长531%至26亿元。</blockquote></p><p> It expects to launch automotive-grade lidar technology in its third smart SUV model to be delivered in the second half of 2021. The company also plans to introduce XPILOT 4.0, built on its next-gen autonomous driving hardware platform, which it expects to deploy in its fourth model to be launched in 2022.</p><p><blockquote>预计将在2021年下半年交付的第三款智能SUV车型中推出车规级激光雷达技术。该公司还计划推出基于其下一代自动驾驶硬件平台的XPILOT 4.0，预计将在2022年推出的第四款车型中部署该平台。</blockquote></p><p> Delivery of P7 will begin later in March 2021. The G3 SUVs and P7 sedans armed with lithium iron phosphate batteries would be launched in April and May. A mid-cycle facelift version of G3s is planned for late in the third quarter.</p><p><blockquote>P7将于2021年3月晚些时候开始交付。配备磷酸铁锂电池的G3 SUV和P7轿车将于4月和5月上市。G3s的中期改款版本计划在第三季度末推出。</blockquote></p><p> \"Looking into 2021, we remain dedicated to delivering smarter and more differentiated products to our customers in our relentless drive to implement fast software iteration and technology innovation,\" said Xiaopeng.</p><p><blockquote>小鹏表示：“展望2021年，我们将继续致力于为客户提供更智能、更差异化的产品，不断实现软件快速迭代和技术创新。”</blockquote></p><p> <strong>XPeng Stock: </strong> XPeng's shares were listed on the NYSE in late August of 2020. It ended the year with a gain of a little over 100%. Since late January, the stock has seen notable weakness and is currently down about 35% for the year-to-date period.</p><p><blockquote><strong>小鹏汽车股票：</strong>小鹏汽车股票于2020年8月下旬在纽约证券交易所上市。年底涨幅略高于100%。自1月下旬以来，该股明显疲软，目前今年迄今已下跌约35%。</blockquote></p><p> Reacting to the fourth-quarter report, XPENG shares are trading down 3.78% at $26.97 in the premarket session on the last check Monday.</p><p><blockquote>针对第四季度报告，周一最后一次盘前交易中，小鹏汽车股价下跌3.78%，至26.97美元。</blockquote></p><p> <em>Related Link: </em><em> Is The Nio Sell-Off Overdone?</em></p><p><blockquote><em>相关链接：</em><em>蔚来抛售是否过度？</em></blockquote></p><p> <em>Image Courtesy: Wikimedia</em></p><p><blockquote><em>图片提供：维基媒体</em></blockquote></p><p> </body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车"},"source_url":"https://www.benzinga.com/node/20050166","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117667319","content_text":"XPeng Inc. (NYSE: XPEV) reported better-than-expected fourth-quarter 2020 revenues and a wider than expected loss Monday. The company also announced timelines for the launch of its forthcoming vehicle models and issued a strong forecast for the first quarter of 2021.\nKey XPeng Numbers: XPeng reported fourth-quarter revenues of 2.85 billion yuan ($437 million), up 345.5% year-over-year and 43.3% quarter-over-quarter. Vehicle sales accounted for $419.2 million, or 96% of the total revenue.\nThe non-GAAP loss per ADS came in at 15 cents. Analyst median estimates were a loss of 12 cents per share on revenues of $411.82 million.\nThe bottom-line variance was due to an increase in the number of outstanding ADSs, stemming from the company's follow-on offering in December, a company spokesperson clarified to Benzinga.\nQ4 gross margin expanded by 280 bps Q/Q to 7.4%. In the year-ago quarter, margins were at a negative 6.6%.\nCash and cash equivalents, restricted short-term deposits, and short-term investments stood at $5.42 billion as of Dec. 2020.\nLast week, domestic rival Nio Inc – ADR (NYSE:NIO) reported a wider-than-expected fourth-quarter loss despite revenues coming in better than expected.\nXPeng's Deliveries: XPeng's Feb. deliveries fell 63% month-over-month to 2,223, although cumulative deliveries for the Jan-Feb period saw a 577% year-over-year increase. The company blamed the softness in February on an anticipated seasonal decline due to the slowdown in the week-long Chinese New Year holiday. XPeng said it is witnessing robust customer demand as sales and delivery activities resumed after the holiday.\nFourth-quarter deliveries were at a record 12,964 units, representing a 302.9% year-over-year increase and a 51.1% month-over-month jump.\n\"We closed 2020 on a strong note, with a record number of total deliveries in the fourth quarter of 12,964 vehicles, led by the P7, our second smart EV model, which fueled our robust operational and financial performance throughout the year,\" said He Xiaopeng, Chairman and CEO of XPeng.\nRelated Link: XPeng Analyst: Automaker Leads Chinese EV Market In Autonomous Driving\nAt the end of 2020, the company had 160 stores, 54 service centers, covering 69 cities, and 159 supercharging stations.\nIn late-January, the company released the first over-the-air (OTA) update of XPILOT 3.0, its in-house autonomous driving solutions. The update included its navigation-assisted highway autonomous driving solution, called the Navigation Guided Pilot.\nSince the release, about 20% of all P7s delivered has NGP activated in them. The company said it plans to release multiple OTA updates of XPILOT 3.0 in 2021.\nOutlook For XPeng: For the first quarter of 2021, XPeng expects deliveries of 12,000 vehicles, up 450% Y/Y. The company expects first-quarter revenues to increase 531% Y/Y to 2.6 billion yuan.\nIt expects to launch automotive-grade lidar technology in its third smart SUV model to be delivered in the second half of 2021. The company also plans to introduce XPILOT 4.0, built on its next-gen autonomous driving hardware platform, which it expects to deploy in its fourth model to be launched in 2022.\nDelivery of P7 will begin later in March 2021. The G3 SUVs and P7 sedans armed with lithium iron phosphate batteries would be launched in April and May. A mid-cycle facelift version of G3s is planned for late in the third quarter.\n\"Looking into 2021, we remain dedicated to delivering smarter and more differentiated products to our customers in our relentless drive to implement fast software iteration and technology innovation,\" said Xiaopeng.\nXPeng Stock: XPeng's shares were listed on the NYSE in late August of 2020. It ended the year with a gain of a little over 100%. Since late January, the stock has seen notable weakness and is currently down about 35% for the year-to-date period.\nReacting to the fourth-quarter report, XPENG shares are trading down 3.78% at $26.97 in the premarket session on the last check Monday.\nRelated Link: Is The Nio Sell-Off Overdone?\nImage Courtesy: Wikimedia","news_type":1,"symbols_score_info":{"NIO":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":457,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":66,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/329317111"}
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