US Stock Market Move | ZK.US (Extremely Cool) Rises Over 4%, New ZK7X Officially Begins Pre-sale

On Monday, Xpeng (ZK.US) rose more than 4% to $29.74. On the news front, on October 20th, Xpeng Motors announced that its new model, the Xpeng 7X, has officially started pre-sale and is scheduled to be launched on October 28th. The Xpeng 7X is positioned as a pure electric medium-sized SUV, and it is the company's fourth mass-produced model after the Xpeng 001 and Xpeng 009. The company stated that the new car will continue the SEA futuristic architecture, and will be upgraded in terms of range, smart cockpit, and driving assistance features. Specific parameters are to be announced later.