XPeng Expands P7 Plus Globally Amid Domestic Delivery Slide

XPeng has launched its new P7+ sedan globally across 36 countries, including a public debut at the Brussels Motor Show. This expansion comes as the company reports a sharp drop in January vehicle deliveries in its home market. The stock trades around $16.77, with a 1-year return of 1.3%, but has seen a 10.1% decline over the past week and a 16.8% decline over the past month. The company is expanding its overseas sales network as it enters more European markets.