Bullish indicating open at $55-$60, IPO prices at $37
Investing.com -- XPeng ADRs (NYSE:XPEV) soared 7.7% following the company’s launch of a faster-charging variant of its P7+ sedan, which was unveiled at the 2025 Shanghai auto show.
The introduction of the new model, which features a battery pack with a 5C charging multiplier, marks a significant step for XPeng in the electric vehicle (EV) market.
The new P7+ variant’s battery can theoretically be fully charged in just 12 minutes, representing a considerable improvement in charging time and addressing one of the major concerns for EV consumers.
The vehicle comes with a starting price of RMB 208,800 ($28,570), which positions it competitively in the mid-to-large-size EV sedan segment.
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