XPeng (NASDAQ:XPEV) Trading Down 5.7%

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XPeng Inc. (NASDAQ:XPEV) fell 5.7% on Wednesday . The stock traded as low as $19.62 and last traded at $19.92. 4,053,078 shares were traded during trading, a decline of 67% from the average session volume of 12,146,783 shares. The stock had previously closed at $21.12.


XPeng Inc designs, develops, manufactures, and markets Smart electric vehicles (EVs) in China. It offers the G3 SUV and a four-door sports sedan the P7, as well as autonomous driving software system. The company was founded in 2015 and is headquartered in Guangzhou, China.

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