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XPENG-W Slips 5.5%; XPeng G7's Selling Price Far Below Pre-sale Price
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XPENG-W (09868.HK) (XPEV.US) opened almost 2% lower this morning and once sank to an intraday low of HKD69.7 with a slump of 5.7%. It last traded at HKD69.85, down 5.5%, with a volume of 14.417 million shares, involving HKD1 billion. XPENG-W announced that its new mid-size SUV, XPeng G7, is priced from RMB195,800, far below its pre-sale price of RMB235,800. While XPeng G7's 602 Long Range Max version is also priced at RMB195,800, its Ultra and Max versions are at RMB225,800 and RMB205,800, respectively, both offering a range of 702 km. The XPeng G7 received over 10,000 orders within 9 minutes of its launch. AAStocks Financial News |
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