US Stock Market Move | Chinese new energy vehicle stocks rose against the market trend, XPeng, Inc. ADR Sponsored Class A(XPEV.US) surged more than 7.5%

On Monday, Chinese new energy vehicle stocks rose against the market trend. As of the time of writing, NIO Inc. Sponsored ADR Class A (NIO.US) rose more than 1.5%, Li Auto, Inc. Sponsored ADR Class A (LI.US) rose more than 3.4%, XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose more than 7.5%; Tesla, Inc. (TSLA.US) fell more than 3.8%. In terms of news, XPeng, Inc. ADR Sponsored Class A held a press conference in Guangzhou, announcing the official launch of the XPeng G6 Super Long Range Edition. The new car is positioned as a six-function AI long-range SUV, with the official suggested price for the XPeng G6 Super Long Range 1704 Max Edition at 186,800 yuan. It is reported that since its launch, the XPeng G6 series has accumulated recognition from over 180,000 owners worldwide, ranking first in the sales of medium-sized pure electric SUVs in the 180,000 to 200,000 yuan range in China by 2025. In overseas markets, the model ranks first in sales among new energy brands in five European countries.