XPeng stock sinks on January delivery update as China EV demand jitters hit sector

Shares of XPeng Inc fell Monday following the release of its January delivery figures, adding to the early-month pressure on U.S.-listed Chinese EV stocks.

BYD stock tumbles to a one-year low after January sales drop — what investors watch next

BYD stock tumbles to a one-year low after January sales drop — what investors watch next

BYD’s Hong Kong-listed shares slid 6.9% to HK$91 on Monday, hitting their lowest point in at least a year as January sales disappointed and changes to subsidies hit lower-priced models. On the mainland, its Shenzhen-listed shares declined 4.2% to 87.05 yuan. Other automakers like Geely Auto, Leapmotor, Xiaomi, and XPeng also fell, dropping between 1.2% and 6.8%. “Investors were likely surprised by the large degree of the domestic decline,” noted Eugene Hsiao of Macquarie Capital.
EV stocks face Monday test: BYD sales slump hits demand mood, Tesla pops on Musk deal talk

EV stocks face Monday test: BYD sales slump hits demand mood, Tesla pops on Musk deal talk

BYD reported January vehicle sales dropped 30.1% compared to the same month last year, hitting 210,051 units and marking the fifth consecutive month of declines. According to a filing, exports of its “new-energy vehicles”—a category covering battery-electric and plug-in hybrids—reached 100,482 units.
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