US Stock Market Move | In March, the new car intensive listing period has begun. XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose over 8%.

On Friday, XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose over 8% to $19.19 USD. China International Capital Corporation pointed out that starting from March, XPeng, Inc. ADR Sponsored Class A will enter a new period of intensive new car listings. The bank believes that the company's proposed annual sales target doubling year-on-year will be easily achieved, and if the feedback from the new car market is positive, the sales target is expected to be further increased. Previously, He Xiaopeng announced on Weibo Corp. Sponsored ADR Class A that in January, Xiaopeng MONA M03 sales exceeded 15,000. In addition, XPeng, Inc. ADR Sponsored Class A successfully held a listing launch event in the UK and announced the official start of pre-sales for the Xiaopeng G6 model. This is the first right-hand drive model for XPeng, Inc. ADR Sponsored Class A in the UK market, with a starting price for the new car pre-sale of 39,990, with deliveries expected to begin in March 2025.