Chinese concept car stocks fell before the market, with XPeng Motors falling more than 2%

XPeng's pre-market drop exceeded 2%, while NIO and Li Auto's pre-market drop exceeded 1%. According to data from the China Passenger Car Association, 80,000 new energy vehicles were exported in June, a year-on-year increase of 12.3% but a month-on-month decrease of 15.2%. Of note, XPeng will hold an AI autonomous driving technology launch event at 19:30 today. Earlier reports suggested that the XPeng XNGP is about to receive the largest update in history, and the XPeng AI Tianji XOS 5.2.0 will also see a breakthrough