Nio’s biggest rival in China, Xpeng is finally listed in NYSE to raise significant funds to expand globally while many EV makers struggle to cope with overwhelming pre-orders. There is a huge room to be developed inside EVs while green organizations urge the car manufacturers to replace all the CO2 emitting vehicles within a couple of years.
The price levels of NIO and XPEV are going to be the same as all traders observe Workhorse (WKHS) moves together with Nio. Soon Rivian and Fisker are to join the undeveloped EV market.
XPEV will shoot extraordinary points then slowly become like NIO or KNDI. Therefore, short term gamblers may win a lot of margins on the Chinese EV maker.
Writing for business and finance publishers has become his passion over the last decades after he completed a master’s degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.