FMP

FMP

XPeng Inc. (NYSE:XPEV) Targets Ambitious Sales Growth and International Expansion

  • XPeng Inc. (NYSE:XPEV) aims for a sales target of 550,000 to 600,000 vehicles by 2026, indicating a growth of 28% to 40%.
  • The company plans to launch four new SUV models and expand its Extended Range Electric Vehicle (EREV) options to boost its market presence.
  • XPeng is focusing on doubling its international deliveries in 2026, with a strong emphasis on the Mona and P7+ models to enhance its global market share.

XPeng Inc. (NYSE:XPEV) is a leading Chinese electric vehicle manufacturer known for its innovative approach to sustainable transportation. The company is making significant strides in the EV market, competing with other major players like NIO and Tesla. On January 15, 2026, Eugene Hsiao from Macquarie set a price target of $26 for XPEV, suggesting a potential upside of 24.43% from its current trading price of $20.90.

XPeng's ambitious sales target for 2026 is between 550,000 and 600,000 vehicles, marking a growth of 28% to 40% from the 429,445 vehicles delivered in 2025. This growth is supported by the launch of four new SUV models, including the XPeng G01, G02, and two Mona series models, D02 and D03. These models aim to capture various market segments, enhancing XPeng's competitive edge.

The company is also expanding its Extended Range Electric Vehicle (EREV) options, which could attract more customers looking for longer-range EVs. Additionally, XPeng plans to double its international deliveries in 2026, focusing on models like the Mona and P7+ to strengthen its export strategy. This international expansion could play a crucial role in achieving its ambitious sales targets.

Currently, XPEV's stock price is $20.90, reflecting a 1.51% increase or $0.31. The stock has traded between $20.40 and $21.13 today, with a 52-week high of $28.24 and a low of $13.60. With a market capitalization of approximately $19.85 billion, XPeng remains a significant player in the EV market. Today's trading volume stands at 4,679,160 shares, indicating active investor interest.