Understanding the Market | XPENG-W rises over 4% again, XPeng's split-type flying car is set to debut at the 2024 China Airshow, expected to start pre-sales by the end of the year
XPENG-W's stock price rose by 4.02%, closing at HKD 51.7, with a transaction volume of HKD 296 million. XPeng Huitian announced that its split-type flying car "Land Aircraft Carrier" will debut at the 2024 China Airshow and plans to start pre-sales in December, with expected deliveries in 2026, priced at no more than 2 million RMB. Meanwhile, the Ministry of Industry and Information Technology held a meeting to promote the development of the low-altitude industry, and the Shenzhen Municipal Transportation Bureau is also soliciting opinions on support measures for the low-altitude economy
According to Zhitong Finance APP, XPeng-W (09868) has risen over 4% again, with a current increase of 4.02%, priced at HKD 51.7, and a transaction volume of HKD 296 million.
In terms of news, on October 30th, XPeng's ecological enterprise XPeng Huitian announced that its split-type flying car "Land Aircraft Carrier" will debut at the 2024 China Airshow, with its global first public flight scheduled for November 12th in the second exhibition area of the China Airshow (Doumen Lianzhou). Meanwhile, the "Land Aircraft Carrier" will also be displayed statically in Hall 8 of the Zhuhai International Airshow Center. According to previous official information, the "Land Aircraft Carrier" split-type flying car is planned to start pre-sales in December this year, with deliveries expected to begin in the first quarter of 2026, priced at no more than 2 million RMB.
It is worth noting that on November 5th, the Ministry of Industry and Information Technology held the first plenary meeting of the Low Altitude Industry Development Leading Group to study and deploy key tasks for promoting high-quality development of the low altitude industry. The meeting emphasized the need to actively and steadily develop the low altitude industry and create a model of new industrialization. It is essential to focus on top-level planning, layout the innovation system for low altitude equipment, industrial system, and low altitude information infrastructure construction, and foster a good ecological environment for industry development. In addition, the Shenzhen Municipal Transportation Bureau has solicited opinions on the implementation details of the "Several Measures to Support the High-Quality Development of the Low Altitude Economy in Shenzhen." The draft for comments proposes specific subsidy plans