Compared to Nio’s $47.7 billion market capitalization, Xpeng’s $35.7 billion is certainly smaller but still sizable. Moreover, if you assumed that Nio’s financial and EV delivery results were superior, think again.
Is XPeng better than NIO?
We can see NIO stock is valued at a forward price to sales multiple of less than 5x which is quite reasonable given its growth rates. Valued at a market cap of $40 billion, XPeng stock has more than doubled since going public in late 2020.
Why is XPeng worth more than NIO?
Thanks to the recent increase of the overall capacity, XPeng has better chances to significantly improve its deliveries in the following months and expand its market share. XPeng has better chances to appreciate in the following quarters, which makes its stock a better investment than NIO.
Is XPeng cheaper than NIO?
XPeng’s cheapest model is the G3i, with a price range of RMB 149,800 to RMB 187,800 after subsidies. XPeng’s most expensive model is currently the P7, with a price range of RMB 219,900 to 409,900 after subsidies. In terms of average sales price, NIO is the highest of these three companies and XPeng is the lowest.
Is NIO the largest EV in China?
Xpeng Motors and Li Auto each posted a record for monthly sales, while NIO once again reported deliveries of more than 10,000 units in December, helping reinforce China’s position as the world’s largest EV market.
Will XPeng increase?
Revenues are likely to grow by over 250% this year, per consensus estimates, outpacing rivals Nio and Li Auto. Xpeng is also getting much more efficient at building its vehicles, with gross margins rising to about 14.4% in Q3 2021, up from 4.6% for the same period in 2020.
Is Nio same as XPeng?
NIO – NIO (NIO) and XPeng (XPEV) are two China-based electric vehicle giants that are poised to outpace the broader markets in 2022. Both these stocks are trading significantly below all-time highs, making them interesting contrarian bets for growth investors.
How much does XPeng cost?
Xpeng P5 electric sedan starts around $25,000, leads in driver-assistance tech, aims for Europe. Stephen Edelstein September 16, 2021 Comment Now! Chinese automaker Xpeng has released pricing information for its third electric car, the P5 sedan.
Is XPeng a buy?
XPeng is as popular as NIO, with Buy ratings from 85% of the analysts covering the company. Chen’s price target for Li is HK$151 per share, which implies gains of about 28% for U.S. or Hong Kong investors. The average U.S.-based target price for Li stock is about $46.50, pointing to gains of 50% from recent levels.
Does XPeng have battery swap?
What Happened: The Guangzhou, China-based Xpeng reportedly said it has instead been expanding its network of supercharging stations. The electric vehicle maker, which competes with local rival Nio Inc (NYSE: NIO), does not plan a battery-swap foray, at least for the models currently planned.
Is XPeng a good car?
Not only is the P7 a good-looking car but it’s also spacious, with a generous specification list and good build quality to boot. Performance, whether it be drive, range or autonomous-driving capability, is also highly competitive compared with better-known electric rivals, many of which are in higher price segments.
Will NIO be as big as Tesla?
Nio may not be nearly as big as Tesla yet, but it has delivered more than 155,000 vehicles to date. It makes sense that Tesla would be valued higher than Nio, but Lucid has barely begun delivering cars, yet has a higher market cap than Nio.
Is Tesla buying NIO?
Oct. 10 — The largest investor in Tesla Inc. after Elon Musk has taken an 11.4 percent stake in a Chinese company aspiring to become an electric vehicle-making rival.
Who sells the most EV in China?
Budget electric car Hongguang Mini retained the best-selling spot — more than tripling sales last year to 395,451 units, the association data showed Thursday. But more expensive cars from Tesla and BYD dominated the top vehicles sold in the new energy vehicle category, which includes battery-powered and hybrid cars.
Who is the biggest EV maker in China?
Nio, the Chinese Tesla. Nio is likely the most familiar to foreign investors and is commonly dubbed the Chinese Tesla. Much like Tesla, the company is a disruptor, but in very different areas from the US-based firm.
Who is the largest EV maker in China?
Read more about electric vehicles from CNBC Pro
Chinese battery and electric car company BYD dominated the new energy vehicle best-sellers’ list in September, accounting for five of the top 15 cars sold, the passenger car association data showed.
How much will XPeng be worth in 5 years?
AI-based Wallet Investor’s XPEV stock forecast suggests the stock price could reach $55.78 in a year’s time rising to $106 in five years. When looking for Xpeng stock predictions, it’s important to bear in mind that analysts’ forecasts can be wrong.
How many cars will XPeng sell 2021?
XPeng Delivered ~100,000 Vehicles In 2021. Chinese automotive startup XPeng has shown one of the most dramatic auto production ramp-ups in history, and the good news is it only produces 100% smart electric vehicles (EVs).
Why is Nio selling off?
Investors in Nio Inc. (ticker: NIO), a Chinese electric vehicle maker, have had a bumpy ride, to say the least.Nio bulls see the sell-off as an opportunity to invest in the Chinese EV market at a discount, while bears still see plenty of uncertainty ahead for Nio in 2022.
What makes XPeng different?
The main difference between NIO’s BaaS model and XPeng’s battery leasing model is that after a period of 84 months, buyers of a XPeng vehicle will own the battery. Over the course of the lease, G3 buyers will pay RMB 5,520 ($853) more by leasing the battery than if they bought a vehicle including battery outright.
Who is invested in XPeng?
In July 2020, XPeng raised $500 million from a group of investors including Aspex, Coatue, Hillhouse Capital and Sequoia Capital China.
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