US Stock Market Move | Q4 is expected to deliver 87,000 to 91,000 new vehicles. XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose more than 4% in pre-market trading.

On Tuesday, XPeng, Inc. ADR Sponsored Class A (XPEV.US) stock rose over 4% in pre-market trading, reaching $13.60. In terms of news, XPeng, Inc. ADR Sponsored Class A is expecting a revenue of 15.3 to 16.2 billion yuan in the fourth quarter, with an estimated delivery volume of 87,000 to 91,000 vehicles. On November 19th, XPeng, Inc. ADR Sponsored Class A released its third-quarter financial report: revenue of 10.1 billion yuan, an 18% increase year-on-year, estimated at 9.91 billion yuan; a net loss of 1.81 billion yuan, compared to 3.89 billion yuan in the same period of 2023, a 53.5% decrease year-on-year, and 1.28 billion yuan in the second quarter of 2024; adjusted loss per share of 0.81 yuan, compared to a loss of 1.61 yuan per share in the same period last year; a total delivery of 46,533 smart electric vehicles in the third quarter, a 16.3% increase year-on-year, exceeding the delivery target; gross profit margin of 15.3%, reaching a new high for a single quarter, a year-on-year increase of 18 percentage points.