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 story : XPeng stock rises after EV maker says it will debut lidar-equipped smart car this week #FinanceUSA #StockMarketNEWS Shares of XPeng Inc. rose 1.2% in premarket trading Monday, after the China-based

@stockMarketNEWS Tue 13 Apr, 2021

Posted in: #FinanceUSA #StockMarketNEWS

XPeng stock rises after EV maker says it will debut lidar-equipped smart car this week #FinanceUSA #StockMarketNEWS
Shares of XPeng Inc. rose 1.2% in premarket trading Monday, after the China-based electric vehicle maker said it plans to debut its lidar-equipped XPeng P5 smart sedan on April 14. The company said the P5 will be the first mass-produced smart EV with automotive-grade lidar technology (light detection and ranging), which is a system that helps provide vision for self-driving cars. The stock has lost 19.5% year to date through Friday, while fellow China-based EV maker Nio Inc. shares have dropped 21.8% and the S&P 500 has gained 9.9%.


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