Xpeng Motors (XPEV, Financial) saw its stock rise nearly 5% in pre-market trading on Tuesday, reaching $17.47. The increase followed the company's recent launch event in the UK, where it announced the pre-sale of the Xpeng G6 model. This marks Xpeng's first right-hand drive vehicle for the UK market.
The G6 model is now available for pre-order with a starting price of £39,990. Deliveries are expected to begin in March 2025. This strategic move is part of Xpeng's broader plan to expand its footprint in the European market.