Xpeng lowers quarterly revenue outlook amid weak EV demand
Xpeng projected second-quarter revenue below market expectations. The forecast highlights ongoing weakness in Chinese electric-vehicle demand.
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1 source grouped by AFBytes in Economy
AFBytes briefing
Weak EV demand in China can influence global battery supply chains, commodity prices for lithium and nickel, and U.S. automaker competitive positioning.
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Xpeng projected second-quarter revenue below market expectations. The forecast highlights ongoing weakness in Chinese electric-vehicle demand.