They mentioned that the company has asked banks to join in the IPO, which could occur in Hong Kong or the U.S. Simultaneously, the ultimate choice has not been reached, and the assignment might not occur.
Xpeng Aeroht was founded in 2020. The company is in the process of constructing an assembly line in Guangzhou for Land Aircraft Carrier “flying” vehicles. Construction is expected to be finished this year, with large-scale production and deliveries starting in 2026.
The Land Aircraft Carrier is a substantial six-wheeled pickup truck equipped with a two-seat electric drone that separates from the truck and can be flown. The model was launched in 2023.
ADS Xpeng shares dropped 1.9% in early trading in New York on Wednesday. Their price has jumped over 19% in the last three months, whereas the S&P 500 has decreased by 7%.
source: bloomberg.com
Xpeng Aeroht was founded in 2020. The company is in the process of constructing an assembly line in Guangzhou for Land Aircraft Carrier “flying” vehicles. Construction is expected to be finished this year, with large-scale production and deliveries starting in 2026.
The Land Aircraft Carrier is a substantial six-wheeled pickup truck equipped with a two-seat electric drone that separates from the truck and can be flown. The model was launched in 2023.
ADS Xpeng shares dropped 1.9% in early trading in New York on Wednesday. Their price has jumped over 19% in the last three months, whereas the S&P 500 has decreased by 7%.
source: bloomberg.com
