shares of xpeng inc xpev rallied 42 in premarket trading tuesday after the chinabased electric vehicle maker reported a widerthanexpected thirdquarter loss but revenue that rose well above forecasts and provided an upbeat fourthquarter outlook the net loss widened to rmb159 bln 2497 million or rmb189 per american depositary share ads from a loss of rmb115 billion a year ago excluding nonrecurring items the adjusted loss per ads came to rmb177 compared with the factset consensus of rmb130 revenue jumps 1874 to rmb572 billion 8955 million to beat the factset consensus of rmb503 billion as deliveries rose 1992 to a record 25666 vehicles including 2177 growth in p7 model deliveries gross margin improved to 144 from 46 looking ahead the company expects fourthquarter deliveries of between 34500 and 36500 vehicles representing growth of 1661 to 1815 and revenue between rmb71 billion and rmb75 billion compared with the factset consensus of rmb609 billion the stock has surged 194 over the past three months through monday while the ishares msci china etf mchi has edged up 06 and the sp 500 spx tacked on 45