Geely Auto sales 2.17M units in FY24, international market growth exceeded 53%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
0mins
Should l Buy XPEV?
Sales Growth and Expansion: Geely Auto reported a 32% increase in annual sales for 2024, reaching 2.17 million units, with international exports rising by 53%. The company expanded its global presence to over 80 countries and introduced 16 new models.
Infrastructure Development: Geely significantly enhanced its global sales network to approximately 900 locations, built two factories in Asia and Africa, and established four new subsidiaries to improve local market access and optimize its supply chain.
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Analyst Views on XPEV
Wall Street analysts forecast XPEV stock price to rise
6 Analyst Rating
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 15.870
Low
20.00
Averages
29.67
High
50.00
Current: 15.870
Low
20.00
Averages
29.67
High
50.00
About XPEV
XPeng Inc is a holding company mainly engaged in the design, development, manufacturing and marketing of smart electrical vehicles (EVs). The Company develops full-stack advanced driver assistance systems (ADAS) software in house and has deployed such software on mass-produced vehicles. The Company offers various models, including G9 (mid- to large-sized sport utility vehicle (SUV), P7i (sports sedan), G6 (coupe SUV), X9 (seven-seater multi-purpose vehicle (MPV)), MONA M03 (sedan) and P7+ (family sedan). The Company operates stores across China, including both stores directly operated by the Company and franchised stores. The Company also offers technical research and development services, services embedded in a sales contract, maintenance service, supercharging service.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
XPeng Inc. Reports Significant Delivery Decline
- Delivery Decline: XPeng reported only 15,256 vehicle deliveries in February, marking a staggering 49.90% year-over-year decline and a 23.76% drop from January, indicating increased competitive pressure that could impact future market share and brand perception.
- Macro Economic Pressure: Concurrently, Nasdaq futures fell by 2.40% and S&P 500 futures dropped by 1.86%, reflecting a broader market sentiment that may further undermine investor confidence in XPeng amid its delivery challenges.
- Stock Price Trend: Over the past year, XPeng's stock has declined by 16.10%, currently trading at $16.05, near its 52-week low of $16.13, indicating a bearish trend that could lead to increased selling pressure from investors.
- Earnings Outlook: XPeng is set to report earnings on March 17, with an estimated loss of 20 cents per share and revenue expectations of $3.32 billion, a 50.23% increase from last year, yet market sentiment remains cautious regarding its future performance.
See More
Xiaomi Trials Humanoid Robots to Boost Productivity
- Productivity Enhancement: Xiaomi is trialing humanoid robots in its electric vehicle production lines, with two robots completing 90% of tasks in three hours, significantly boosting efficiency and indicating the company's proactive exploration of automation.
- Technical Challenges Addressed: The company's president noted that the robots must keep pace with a new car rolling off the assembly line every 76 seconds, demonstrating Xiaomi's commitment and challenges in integrating robotic technology into production processes.
- Future Outlook: Xiaomi plans to enable humanoid robots to replace certain human tasks and accomplish work traditionally beyond human capability, signaling the company's long-term strategy in smart manufacturing.
- Market Potential: Analysts forecast a global humanoid robot market of $9 trillion by 2050, with China accounting for over 60%, highlighting Xiaomi's strategic foresight in this rapidly growing market.
See More
Xiaomi Trials Humanoid Robots in EV Factory to Boost Productivity
- Productivity Enhancement: Xiaomi has trialed its self-developed humanoid robots in its electric vehicle factory, where two robots can complete 90% of the work in three hours, significantly boosting production efficiency and demonstrating the company's commitment to automation.
- Integration Challenges: President Lu Weibing highlighted that the robots must keep pace with the assembly line, where a new car rolls off every 76 seconds, emphasizing the challenges of integrating robots into production lines, with future potential to replace humans for certain tasks.
- Market Potential Outlook: Analysts at RBC Capital Markets forecast a global total addressable market for humanoids of $9 trillion by 2050, with China accounting for over 60%, indicating that Xiaomi's strategic positioning in this sector has vast growth prospects.
- Intensifying Industry Competition: With companies like Xiaomi, XPeng, and Honor expanding into robotics, competition is intensifying, and while Lu remains bullish on the robotics market, he acknowledges that it is still in its early stages.
See More
Qualcomm Positions Robotics as Next Growth Engine in Two Years
- Robotics Business Outlook: Qualcomm CEO Cristiano Amon indicated that the robotics segment could become a larger opportunity within the next two years, marking a strategic shift for Qualcomm as it expands beyond smartphones into emerging markets.
- New Processor Launch: In January, Qualcomm introduced its Dragonwing brand robotics processor, aimed at developing chipsets that can operate across multiple robotics platforms, similar to how its Snapdragon processors function in smartphones, showcasing the versatility and adaptability of its technology.
- Significant Market Potential: McKinsey estimates that the general-purpose robotics market could reach $370 billion by 2040, while RBC Capital Markets forecasts a $9 trillion total addressable market for humanoid robots by 2050, highlighting the long-term growth potential of the robotics industry.
- AI-Driven Robotics Growth: Amon noted that advancements in physical AI have made robots significantly more useful, with analysts suggesting that the robotics market alone could represent a trillion-dollar opportunity, reflecting the profound impact of Qualcomm's strategic positioning in this sector.
See More
Tesla Shares Decline: The Impact of Rising Oil Prices No Longer Benefits the Company.
- Tesla Stock Performance: Tesla's stock experienced a decline on Monday, mirroring a broader trend in the stock market.
- Impact of Oil Prices: Despite an initial boost from rising oil prices, Tesla's stock did not sustain its gains and fell along with most other stocks.
See More
XPeng Reports Significant Drop in Deliveries
- Sharp Drop in Deliveries: XPeng reported delivering 15,256 vehicles in February, reflecting a significant year-over-year decline of 49.90% and a 23.76% drop from January, indicating severe challenges in market competition that could impact future sales and market share.
- Global Delivery Launch: In February, XPeng commenced global deliveries of its new P7+ to 18 countries, marking a milestone in the company's commitment to providing intelligent and spacious driving experiences to young families worldwide, potentially enhancing brand influence and international market expansion.
- Weak Stock Trend: The stock is currently trading 5.3% below its 20-day simple moving average and 10.1% below its 100-day moving average, indicating a bearish trend in the short to medium term, with shares down 39.2% over the past 12 months and closer to their 52-week lows.
- Upcoming Financial Update and Analyst Ratings: XPeng is set to release its financial update on March 17, 2026, with an EPS estimate of a 20-cent loss and revenue projected at $3.32 billion, while analysts maintain a Buy rating with an average price target of $20.88, reflecting cautious optimism about the company's future.
See More
XPeng Inc. Reports Significant Delivery Decline
- Delivery Decline: XPeng reported only 15,256 vehicle deliveries in February, marking a staggering 49.90% year-over-year decline and a 23.76% drop from January, indicating increased competitive pressure that could impact future market share and brand perception.
- Macro Economic Pressure: Concurrently, Nasdaq futures fell by 2.40% and S&P 500 futures dropped by 1.86%, reflecting a broader market sentiment that may further undermine investor confidence in XPeng amid its delivery challenges.
- Stock Price Trend: Over the past year, XPeng's stock has declined by 16.10%, currently trading at $16.05, near its 52-week low of $16.13, indicating a bearish trend that could lead to increased selling pressure from investors.
- Earnings Outlook: XPeng is set to report earnings on March 17, with an estimated loss of 20 cents per share and revenue expectations of $3.32 billion, a 50.23% increase from last year, yet market sentiment remains cautious regarding its future performance.
See More
Xiaomi Trials Humanoid Robots to Boost Productivity
- Productivity Enhancement: Xiaomi is trialing humanoid robots in its electric vehicle production lines, with two robots completing 90% of tasks in three hours, significantly boosting efficiency and indicating the company's proactive exploration of automation.
- Technical Challenges Addressed: The company's president noted that the robots must keep pace with a new car rolling off the assembly line every 76 seconds, demonstrating Xiaomi's commitment and challenges in integrating robotic technology into production processes.
- Future Outlook: Xiaomi plans to enable humanoid robots to replace certain human tasks and accomplish work traditionally beyond human capability, signaling the company's long-term strategy in smart manufacturing.
- Market Potential: Analysts forecast a global humanoid robot market of $9 trillion by 2050, with China accounting for over 60%, highlighting Xiaomi's strategic foresight in this rapidly growing market.
See More
Xiaomi Trials Humanoid Robots in EV Factory to Boost Productivity
- Productivity Enhancement: Xiaomi has trialed its self-developed humanoid robots in its electric vehicle factory, where two robots can complete 90% of the work in three hours, significantly boosting production efficiency and demonstrating the company's commitment to automation.
- Integration Challenges: President Lu Weibing highlighted that the robots must keep pace with the assembly line, where a new car rolls off every 76 seconds, emphasizing the challenges of integrating robots into production lines, with future potential to replace humans for certain tasks.
- Market Potential Outlook: Analysts at RBC Capital Markets forecast a global total addressable market for humanoids of $9 trillion by 2050, with China accounting for over 60%, indicating that Xiaomi's strategic positioning in this sector has vast growth prospects.
- Intensifying Industry Competition: With companies like Xiaomi, XPeng, and Honor expanding into robotics, competition is intensifying, and while Lu remains bullish on the robotics market, he acknowledges that it is still in its early stages.
See More
Qualcomm Positions Robotics as Next Growth Engine in Two Years
- Robotics Business Outlook: Qualcomm CEO Cristiano Amon indicated that the robotics segment could become a larger opportunity within the next two years, marking a strategic shift for Qualcomm as it expands beyond smartphones into emerging markets.
- New Processor Launch: In January, Qualcomm introduced its Dragonwing brand robotics processor, aimed at developing chipsets that can operate across multiple robotics platforms, similar to how its Snapdragon processors function in smartphones, showcasing the versatility and adaptability of its technology.
- Significant Market Potential: McKinsey estimates that the general-purpose robotics market could reach $370 billion by 2040, while RBC Capital Markets forecasts a $9 trillion total addressable market for humanoid robots by 2050, highlighting the long-term growth potential of the robotics industry.
- AI-Driven Robotics Growth: Amon noted that advancements in physical AI have made robots significantly more useful, with analysts suggesting that the robotics market alone could represent a trillion-dollar opportunity, reflecting the profound impact of Qualcomm's strategic positioning in this sector.
See More
Tesla Shares Decline: The Impact of Rising Oil Prices No Longer Benefits the Company.
- Tesla Stock Performance: Tesla's stock experienced a decline on Monday, mirroring a broader trend in the stock market.
- Impact of Oil Prices: Despite an initial boost from rising oil prices, Tesla's stock did not sustain its gains and fell along with most other stocks.
See More
XPeng Reports Significant Drop in Deliveries
- Sharp Drop in Deliveries: XPeng reported delivering 15,256 vehicles in February, reflecting a significant year-over-year decline of 49.90% and a 23.76% drop from January, indicating severe challenges in market competition that could impact future sales and market share.
- Global Delivery Launch: In February, XPeng commenced global deliveries of its new P7+ to 18 countries, marking a milestone in the company's commitment to providing intelligent and spacious driving experiences to young families worldwide, potentially enhancing brand influence and international market expansion.
- Weak Stock Trend: The stock is currently trading 5.3% below its 20-day simple moving average and 10.1% below its 100-day moving average, indicating a bearish trend in the short to medium term, with shares down 39.2% over the past 12 months and closer to their 52-week lows.
- Upcoming Financial Update and Analyst Ratings: XPeng is set to release its financial update on March 17, 2026, with an EPS estimate of a 20-cent loss and revenue projected at $3.32 billion, while analysts maintain a Buy rating with an average price target of $20.88, reflecting cautious optimism about the company's future.
See More
