Market Insight | XPENG-W rose more than 3% intraday, XPeng's "Land Aircraft Carrier" plan to start pre-sale at the end of the year

XPENG-W rose more than 3% intraday, as of the time of publication, it rose by 2.8% to HKD 33.1, with a turnover of HKD 180 million. On the news front, on September 3, XPeng's Heitech Wing "Land Aircraft Carrier" made its first appearance in a physical form and conducted a public test flight. It is reported that the "Land Aircraft Carrier" will make its first public manned flight during the Zhuhai Air Show in November this year, and will participate in the Guangzhou International Auto Show in November, with plans to start pre-sales by the end of this year. Mass production and delivery are expected to be achieved by 2026, with a selling price of less than 2 million RMB. In August, XPeng delivered a total of 14,036 smart electric vehicles, a year-on-year increase of 3% and a month-on-month increase of 26%. From January to August this year, XPeng delivered a total of 77,209 smart electric vehicles, a year-on-year increase of 17%. Changjiang Securities pointed out that MONA was listed on August 27, marking the start of a new car cycle for the company. The scale expansion, platform and technology cost reduction effects will be further demonstrated, coupled with the business model expansion of software profitability and continuous overseas growth, the company's future profitability has significant elasticity