Citi: XPeng’s weekly orders rise 240% after L05 launch

Citi’s checks with car dealers put XPeng’s China orders 240% above the previous week for 26 October–1 November. AASTOCKS reported the finding on 4 November. The bank linked the rise to the MONA L05’s 29 October launch. It also put XPeng’s October orders 18% above September. Across the industry, electric-car orders rose 48% that week and 4% in October.