Search
On March 19, analysts from Nomura Securities issued a report projecting that XPeng Motors (XPEV.N) will attain profitability by 2026, driven by the relentless expansion of its business operations. The report highlighted that following the introduction of XPeng's MONA M03 and P7+ models, the company has embarked on a robust growth trajectory, leveraging technological advancements and stringent cost control measures. It is envisioned that with the rollout of a slew of new models and fully electric vehicles in the latter half of 2023 and throughout 2026, XPeng Motors is set to experience substantial growth and a significant expansion of its market share. Consequently, Nomura Securities has upgraded XPeng Motors' ADR rating from Neutral to Buy, with the target price being revised upwards from $14.00 to $30.00.
-
C114 Communication Network -
Communication Home
