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XPeng Added to Morgan Stanley Focus Lists Amid Strong EV Pipeline
XPeng Added to Morgan Stanley Focus Lists Amid Strong EV Pipeline
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BTCCSquare news:
XPeng's U.S.-listed shares climbed 2.4% after Morgan Stanley elevated the Chinese EV Maker to its Global Emerging Markets and Asia Pacific ex-Japan Focus Lists, replacing BYD. Analyst Tim Hsiao maintained a Buy rating with a HK$108 target, citing XPeng's aggressive model rollout and leadership in AI integration.
The Volkswagen partnership signals a strategic pivot toward software-driven revenue streams. Hsiao projects margin expansion as new models scale, with 2025-2026 sales growth fueled by hybrid technology launches. The market recognizes XPeng's transition from hardware manufacturer to tech-enabled mobility platform.
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