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Shares soar as XPeng’s G6 receives over 25k pre-orders in under 72 hours

2023.06.12 08:59


© Reuters. Shares soar as XPeng’s (XPEV) G6 receives over 25k pre-orders in under 72hrs

Shares of the Chinese electric vehicle startup, Xpeng Inc (NYSE:) shot up more than 9.5% in pre-market trading on Monday after the company reported that they have received more than 25,000 pre-orders for their new G6 ultra-intelligent sedan SUV less than 3 days after it was launched.

XPeng reported that numerous visitors have had the opportunity to encounter the show cars in XPeng stores during the previous three days, showcasing their tremendous enthusiasm for the G6 model.

According to XPeng, visitors have expressed favorable comments regarding the spaciousness of the XPeng G6, its impressive range of 755 km, and its rapid-charging capability facilitated by the advanced 800 V high-voltage platform.

XPeng will announce official configurations and pricing at the end of June, and the company will accelerate its capacity climb and deliver vehicles as early as possible, its chairman and CEO He Xiaopeng said in a retweet of XPeng’s Weibo.

XPeng officially unveiled the G6 on April 18, on the first day of the Shanghai auto show, saying that the G6 is the ultimate form of car before fully autonomous driving is achieved.

XPeng management expects monthly sales of the G6 to reach 6,000-8,000 units.

Shares of XPEV are up 9.58% in pre-market trading on Monday.

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