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Can Chinese Edtech Regulations Stifle a Culture of Striving?
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When and How Traders Can Play XPeng
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Chinese EV Stocks: Why XPEV, NIO, LI Stocks Are Hitting the Brakes Today
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Delivery Uptrend Should Boost the Spirits of Xpeng Investors © Source: Andy Feng / Shutterstock.com Xpeng logo and P7 model in store XPEV stock
In case you didn’t get the memo, there’s a global semiconductor supply shortage in progress. Knowing this, investors might be concerned about China-based electric vehicle (EV) maker
Xpeng (NYSE: © Provided by InvestorPlace Xpeng logo and P7 model in store XPEV stock
Personally, I feel that this would be a mistake. Xpeng shares are certainly down from their peak price, but an investment in the company isn’t “dead money” by any means.
As we’ll see, a prominent executive at Xpeng isn’t fazed by the chip shortage. If anything, he’s beaming with confidence, and he’s got the stats to back it up.
Deliveries and Strategic Alliances Add to XPeng’s Appeal InvestorPlace 1 day ago © Source: Andy Feng / Shutterstock.com Xpeng logo and P7 model in store XPEV stock
Despite the pandemic, some electric vehicle (EV) companies have been able to deliver, and among them is
Xpeng (NASDAQ: © Provided by InvestorPlace Xpeng logo and P7 model in store XPEV stock
If you thought that the EV market is ready for a slowdown, you are wrong. The industry is expanding across borders. EV companies have had a huge increase in investor interest over the past year.
Despite the increasing competition in the industry, XPeng has maintained its foothold. XPEV stock is trading closer to its August 2020 level of $22 and has the potential to double. It was recently trading around $27. The company is a major Chinese EV pure-play and has the potential to scale and deliver.