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XPeng Shares Surge Jump on EU Tariff Progress, ICBC Credit Line and Sales Target Leak

US-listed shares of the Chinese automaker XPeng jumped more than 9% on Monday, driven by progress in China-EU tariff negotiations, a major credit facility from one of China’s largest banks, and a leaked internal sales target and new model plans for 2026. The stock rose as high as $21.99 in New York trading, up 9.3% [...]

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ELECTRIC VEHICLES

XPeng Targets 550–600K Vehicle Deliveries in 2026, Overseas Sales to Double

Chinese automaker XPeng aims to deliver between 550,000 and 600,000 vehicles globally in 2026. The guidance was communicated in an internal meeting this Monday, as first reported by local media outlet 36Kr. Considering the 429,445 vehicles delivered in 2025, the Guangzhou-based company is targeting a 28.1% to 39.7% growth this year. In early 2025, XPeng set a delivery target of 380,000 vehicles, which it met in mid-November. Between January 1 an…

16 days ago

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