China’s Xpeng expects lower deliveries amid weak demand for premium cars, posts wider loss for fourth quarter of 2022

• Carmaker to strengthen leadership in smart EV tech as industry moves from rapid expansion to era of disruption by such tech, CEO says
• Firm expects to hand over 18,000 to 19,000 EVs in the three months ending March 31, a year-on-year drop of 45 to 47.9 per cent