XPeng Inc XPEV Shares traded slightly higher in premarket trading on Wednesday after falling on Tuesday following the release of the company’s second-quarter financial results.

What happened: XPeng reported a 60.2% year-over-year increase in revenue to $1.12 billion. Despite this increase, earnings were below the $1.13 billion expected. Compared to the previous quarter, revenues increased by 23.9%. The company, meanwhile, reported a loss of 18 cents per ADS, which was in line with analysts’ expectations.

XPeng’s revenue from vehicle sales increased 54.1% year-on-year to $0.94 billion. Gross margin improved significantly to 14.0%, recovering from a negative margin in the prior year.

Vehicle margins also improved from -8.6% to 6.4% thanks to cost-cutting measures and a more favorable model mix.

XPeng’s share price has fallen 52% so far this year due to strong domestic price competition.

What else: The company expects third-quarter deliveries to be between 41,000 and 45,000 vehicles, up 2.5 to 12.5 percent year-on-year. XPeng also expects third-quarter revenue to be between 9.1 billion and 9.8 billion yuan, below the consensus estimate of 10.50 billion yuan.

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How to buy XPEV shares

In addition to acquiring a stock—or a portion of a stock—through a brokerage platform, you can also purchase an exchange-traded fund (ETF) that holds the stock itself, or by pursuing a strategy in your 401(k) plan that aims to acquire shares of a mutual fund or other instrument.

In XPeng’s case, for example, it is the consumer discretionary sector. An ETF will likely hold shares of many liquid and large companies that track this sector, allowing an investor to participate in the trends in this segment.

According to data from Benzinga Pro, XPEV has a 52-week high of $19.96 and a 52-week low of $6.55.