Market Insight | XPENG-W Surges Over 6%, XPENG P7+ to Debut Tomorrow, September Sales Hit Record High

XPENG-W is now up more than 6%, rising over 12% in early trading. As of the time of publication, it is up 6.22% to HKD 47.85, with a turnover of HKD 1.371 billion. On the news front, XPENG-W officially announced that the global debut of XPeng P7+ will be held on October 10th. Previously, the official introduction stated that the new car is the "world's first AI car", and it is also the first model equipped with XPeng's new generation of autonomous driving hardware platform, which is expected to be officially launched in the fourth quarter. In addition, XPENG-W's delivery volume in September set a new monthly record of 21,352 vehicles, a year-on-year increase of 39%. Guolian Securities pointed out that with the upcoming launch of the new model, it is expected to usher in a turning point in sales volume. The iteration of intelligent driving and the pace of new model launches are expected to help the company achieve a turnaround in financial data, and further cooperation with Volkswagen may expand the company's revenue and technological capabilities. The "buy" rating is maintained