Chinese EV billionaire's wealth plummets as price wars push customers to Tesla or BYD
that it eventually wants to ship half its vehicles to countries outside China. He did not provide a time frame for the goal.
"As a company that focuses on global opportunities, we want to be balanced with our contribution of delivery — half from China, half from outside China — in the long run," Gu told the network. The New York Stock Exchange-listed Xpeng stock closed 2.4% higher at $8.20 on Friday. They are 18% lower so far this year and down 64% from a year ago. Xpeng's shares on the Hong Kong Stock Exchange are up 0.2% on Tuesday at midday. They are down 19% this year.
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