CITIC Securities says NIO, XPeng, Li Auto severely undervalued, calls for new valuation metrics
CITIC Securities believes that NIO, XPeng, and Li Auto are in an accelerated period of improving profitability and are expected to approach the break-even point in the coming year.
XPeng becomes 8th most traded stock in HK-Mainland connect on first day of inclusion
Mainland Chinese investors bought a net HK$762 million of XPeng shares through the Hong Kong-Shenzhen Stock Connect today.
Barclays initiates coverage on NIO, XPeng, Li Auto with Overweight ratings
Barclays gives NIO a price target of $34, XPeng $45 and Li Auto $38.
Deutsche Bank on XPeng's stock connect inclusion: First through the door
Given the accelerating penetration of EVs and the lack of high-quality listed EV names, there is large appetite for EV exposure in the mainland, said Edison Yu.
BREAKING: XPeng becomes first EV maker to be included in Hong Kong-Mainland stock connect
With the inclusion in the list, investors in the Chinese mainland will be able to trade XPeng's stock more easily.
XPeng users drove over 4.4 million km with XPILOT during Chinese New Year holiday
XPeng users drove 870,000 kilometers on the highway using NGP, according to the company.
'Not a flying machine', this is the future of flying vehicles according to XPeng CEO
"What we see as a flying car is not a flying machine, it should be a smart electric car in the city and a low-altitude flying vehicle in the suburbs."
Jan deliveries: How does NIO compare to XPeng and Li Auto?
Over the past four months, XPeng, which always has the lowest average price, has seen the highest deliveries, and NIO, which has the highest price, has the lowest deliveries.
XPeng delivers 12,922 vehicles in Jan, up 115% year-on-year
XPeng is carrying out a technology upgrade at its Zhaoqing plant, taking advantage of the scheduled production downtime over the Chinese New Year Holiday.
Ping An Securities initiates coverage on XPeng with 'Recommend' rating, expects it to turn profitable in 2024
This means the team sees XPeng outperforming the overall market by 10-20 percent within the next six months.