Xpeng forecasts rise in quarterly deliveries-February 2024-www.financetom.com

Xpeng forecasts rise in quarterly deliveries

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Xpeng forecasts rise in quarterly deliveries

May 21, 2024 2:59 AM

May 21 (Reuters) - Chinese electric-vehicle maker Xpeng ( XPEV )

forecast a rise in quarterly vehicle deliveries on

Tuesday, saying it expects a boost to demand from lower prices

and subsidies.

The company said it expects to hand over between 29,000 and

32,000 vehicles, an increase of about 25% to 37.9% from the

previous year.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Varun H

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