XPeng stock slips before the open on 600,000-vehicle 2026 target — what traders watch next
Xpeng shares fell 2.2% to $20.58 in premarket trading after reports the company set a 2026 sales target of up to 600,000 vehicles. The Chinese EV maker plans to expand its supply-chain teams in Europe and Southeast Asia and nearly double overseas deliveries. Investors remain cautious amid pricing pressure and execution risks in China. Xpeng has not announced a date for its next earnings report.