{"id":505513,"date":"2022-11-01T14:23:00","date_gmt":"2022-11-01T11:23:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/xpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge\/"},"modified":"2022-11-01T14:23:00","modified_gmt":"2022-11-01T11:23:00","slug":"xpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/xpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge\/","title":{"rendered":"#: XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4e41e372dbe\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4e41e372dbe\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/xpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge\/#%E2%80%9C_XPeng_stock_bounces_off_record_low_despite_drop_in_deliveries_other_China-based_EVs_also_surge%E2%80%9D\" >&#8220;: XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/xpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge\/#XPeng_shares_suffered_a_second-straight_record_monthly_selloff_in_October_but_hopes_that_China_might_relax_its_zero-COVID_policy_helped_spark_a_bounce\" >XPeng shares suffered a second-straight record monthly selloff in October, but hopes that China might relax its zero-COVID policy helped spark a bounce<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/xpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge\/#Tomi_Kilgore\" >Tomi Kilgore<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9C_XPeng_stock_bounces_off_record_low_despite_drop_in_deliveries_other_China-based_EVs_also_surge%E2%80%9D\"><\/span>&#8220;: XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"XPeng_shares_suffered_a_second-straight_record_monthly_selloff_in_October_but_hopes_that_China_might_relax_its_zero-COVID_policy_helped_spark_a_bounce\"><\/span>\n  XPeng shares suffered a second-straight record monthly selloff in October, but hopes that China might relax its zero-COVID policy helped spark a bounce<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap crawler\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0001342003\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0001342003\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Shares of China-based electrical vehicle makers shot higher Tuesday after October deliveries were reported, but glimmers of hope that China will relax the zero-COVID policy that has slowed the country\u2019s economy also helped fuel the rallies.<\/p>\n<p> XPeng Inc.\u2019s U.S.-listed stock<br \/>\n        XPEV,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/219982686\/composite\" class=\"negative\">-3.92%<\/bg-quote><br \/>\n       jumped 6.3% in premarket trading, after suffering a record monthly loss of 44.6% in October to close Monday at a record low.<\/p>\n<div class=\"paywall\">\n       The stock\u2019s previous record monthly loss was suffered the month before, when it tumbled 35.5% in September. The stock has plummeted 79.1% amid a four-month losing streak.<\/p>\n<p>The company reported earlier that it delivered 5,101 electric vehicles in October, or a little more than half the 10,138 vehicles delivered in the same month a year ago, and down from the 8,468 vehicles delivered a month ago. The latest month\u2019s deliveries included 2,104 P7 sports sedans, 1,665 P5 family sedans and 709 G3i compact sport-utility vehicles (SUVs).<\/p>\n<p>Tuesday\u2019s stock rally comes as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-news-today-11-01-2022\/card\/hong-kong-shares-jump-on-china-reopening-hopes-o9RO7zsVefmakcbuySgl?page=1&amp;mod=article_inline&amp;adobe_mc=MCMID%3D22955235677869409063271384120479317903%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1667303432&amp;mod=article_inline\" class=\"icon none\">The Wall Street Journal reported<\/a>, as did several other media outlets, that China\u2019s stock markets <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared to rally after an anonymous <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a>-media post in China suggesting the government may soften COVID-related restrictions, which have hampered economic growth, starting in March. The reports helped propel Hong Kong\u2019s Hang Seng Index<br \/>\n        HSI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598030\/delayed\" class=\"positive\">+5.23%<\/bg-quote><br \/>\n       5.2% higher and the Shanghai Composite Index<br \/>\n        SHCOMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598127\/delayed\" class=\"positive\">+2.62%<\/bg-quote><br \/>\n       up 2.6%.<\/p>\n<p>The U.S. markets also appeared to get a lift, as futures<br \/>\n        ES00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209948968\/delayed\" class=\"positive\">+1.09%<\/bg-quote><br \/>\n       for the S&amp;P 500 index<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"negative\">-0.75%<\/bg-quote><br \/>\n       advanced 0.9%.<\/p>\n<p>Elsewhere, the U.S.-listed shares of Nio Inc.<br \/>\n        NIO,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204905836\/composite\" class=\"negative\">-0.21%<\/bg-quote><br \/>\n       hiked up 7.6% ahead of Tuesday\u2019s open, after shedding 38.7% in October. That was the worst monthly performance since it plummeted 45.5% in September 2019.<\/p>\n<p>Separately, XPeng said it obtained the Guangzhou Intelligent Connected Vehicle Road Test Permit for the XPENG G9, the first unmodified commercial vehicle to qualify for autonomous driving tests on public roads in China.<\/p>\n<p>Nio reported Tuesday October deliveries of 10,059 EVs, up 174.3% from the 3,667 vehicles delivered a year ago, and bringing the year-to-date total deliveries to 259,563 EVs.<\/p>\n<p>The company noted that in October, it unveiled the ET7 and ET5 sedans and the EL7 five-seater electric SUV for the European markets.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Also, Li Auto Inc.\u2019s stock<br \/>\n        LI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/219811686\/composite\" class=\"negative\">-4.49%<\/bg-quote><br \/>\n       climbed 9.8% premarket, after a monthly-record loss of 40.8% in October to close Monday at a record low. The stock has slumped 64.4% amid a four-month losing streak.<\/p>\n<p>Li reported earlier October deliveries of 10,052 EVs, up 31.4% from a year ago. The company has now delivered a total of 221,067 EVs this year.<\/p>\n<p>Separately, shares of U.S.-based EV giant Tesla Inc.<br \/>\n        TSLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203558040\/lastsale\" class=\"negative\">-0.43%<\/bg-quote><br \/>\n       rose 2.3% ahead of Tuesday\u2019s open. The company had generated $5.13 billion in revenue from its China operations during the third quarter, or 23.9% of total revenue of $21.45 billion.<\/p>\n<p>A year ago, China-based revenue of $3.11 billion was 22.6% of total revenue of $13.76 billion.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>    <span>By<\/span><\/p>\n<div class=\"author mobile-scrim hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Tomi Kilgore\",\"subhead\":\"The Wall Street Journal\",\"list\":[{\"type\":\"link\",\"icon\":\"bio\",\"url\":\"https:\/\/www.marketwatch.com\/topics\/journalists\/tomi-kilgore\",\"text\":\"Biography\"},{\"type\":\"link\",\"icon\":\"twitter\",\"url\":\"https:\/\/twitter.com\/TomiKilgore\",\"text\":\"@TomiKilgore\"},{\"type\":\"link\",\"icon\":\"email\",\"url\":\"http:\/\/www.marketwatch.com\/news\/mailto:tkilgore@marketwatch.com\",\"text\":\"tkilgore@marketwatch.com\"}]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Tomi_Kilgore\"><\/span>Tomi Kilgore<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><ufc-follow-author-widget product=\"marketwatch\" author-id=\"220_MW\" author-name=\"Tomi Kilgore\" signin-url=\"https:\/\/accounts.marketwatch.com\/login?target=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fxpeng-stock-bounces-off-record-low-despite-drop-in-deliveries-other-china-based-evs-also-surge-11667305379%3Frss%3D1%26siteid%3Drss\" panda-api=\"https:\/\/follow-api.marketwatch.com\"><\/ufc-follow-author-widget><\/p><\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C06575-04D4-B545-7147-A3378A1DCDF6%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;: XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge&#8221; XPeng shares suffered a second-straight record monthly selloff in October, but hopes that China might relax its zero-COVID policy helped spark a bounce Shares of China-based electrical vehicle makers shot higher Tuesday after October deliveries were reported, but glimmers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":505514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.mktw.net\/im-655913\/social","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-505513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/505513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=505513"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/505513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/505514"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=505513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=505513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=505513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}