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XPeng’s Revenue Outlook Dims with Increased Competition

Invezz Tuesday, 20 August 2024 ()
XPeng’s Revenue Outlook Dims with Increased CompetitionFinancial Forecast XPeng Inc. (NYSE:XPEV) has forecasted lower-than-anticipated revenue for the third quarter, projecting figures below analysts’ expectations. The company reported that its revenue for the third quarter is expected to range between 9.1 billion yuan and 9.8 billion yuan, whereas analysts had anticipated around 10.4 billion yuan. Quarterly Performance In its June quarter results, […]
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